23, CRAIGWELL DRIVE, SUNDERLAND, SR3 2TR - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 CRAIGWELL DRIVE is a midsized extended semi-detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £232,619. It was last sold for £175,000 in February 2019, which was around 54% above the average February 2019 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

23 CRAIGWELL DRIVE Sold Prices

Land registry data shows four sales for 23 CRAIGWELL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. All of the four 23 CRAIGWELL DRIVE sales were for above 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 22 FEB	£175,000	£113,910	54% above HPI
2011 15 APR	£150,000	£106,128	41% above HPI
2010 9 JUL	£155,000	£111,612	39% above HPI
1997 4 AUG	£57,500	£42,351	36% above HPI

23 CRAIGWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sunderland local authority area over time, sourced from the HPI. The four 23 CRAIGWELL DRIVE sales between August 1997 and February 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 April 2011 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2019 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 23 CRAIGWELL DRIVE be worth now?

23 CRAIGWELL DRIVE might now be worth an estimated £232,619.

This is based on house price inflation of 32.9%, between February 2019 and February 2025, for semi-detached houses, in the Sunderland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.9% inflationary increase is applied to the most recent sale price for 23 CRAIGWELL DRIVE of £175,000 on 22nd February 2019. For the value to have increased from £175,000 to £232,619 over the six years to February 2025, the following assumptions must hold true:

• The value of 23 CRAIGWELL DRIVE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The February 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CRAIGWELL DRIVE has not materially changed since February 2019.

How Large is 23 CRAIGWELL DRIVE?

23 CRAIGWELL DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 50% of semi-detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sunderland, and where 23 CRAIGWELL DRIVE lies on this distribution: 41% of semi-detached houses houses are smaller than 23 CRAIGWELL DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

23 CRAIGWELL DRIVE: Plot and Title Map

23 CRAIGWELL DRIVE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 23 CRAIGWELL DRIVE, 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 23 CRAIGWELL DRIVE). 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 23 CRAIGWELL DRIVE?

23 CRAIGWELL DRIVE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 23 on CRAIGWELL DRIVE.