2, THE BRAE, SUNDERLAND, SR2 7PJ - £110,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE BRAE is a large extended detached house of 125m², built sometime between 1900 and 1929. It was last sold for £110,000 in September 2019, which was around 48% below the average September 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

2 THE BRAE Sold Prices

Land registry data shows three sales for 2 THE BRAE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the three 2 THE BRAE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 11 SEP	£110,000	£212,636	48% below HPI
2003 31 JAN	£52,000	£127,504	59% below HPI
2000 21 JUL	£34,500	£89,295	61% below HPI

2 THE BRAE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The three 2 THE BRAE sales between July 2000 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2003 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2019 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 THE BRAE?

2 THE BRAE is 125m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 2 THE BRAE lies on this distribution: 67% of detached houses are smaller than 2 THE BRAE, and 32% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

2 THE BRAE: Plot and Title Map

2 THE BRAE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 2 THE BRAE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 THE BRAE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 THE BRAE?

2 THE BRAE is located in SUNDERLAND, in the SR2 postcode district. The below map shows the position of No. 2 on THE BRAE.