28, CRAIGWELL DRIVE, SUNDERLAND, SR3 2TR - £264,950

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.

28 CRAIGWELL DRIVE is a very small detached house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £308,084. It was last sold for £264,950 in August 2021, which was around 18% above the average August 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

28 CRAIGWELL DRIVE Sold Prices

Land registry data shows four sales for 28 CRAIGWELL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the four 28 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
2021 27 AUG	£264,950	£224,411	18% above HPI
2016 26 AUG	£232,000	£193,791	20% above HPI
2015 28 AUG	£225,000	£185,824	21% above HPI
2011 25 FEB	£188,000	£183,552	2% above HPI

28 CRAIGWELL DRIVE 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 four 28 CRAIGWELL DRIVE sales between February 2011 and August 2021 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 August 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 28 CRAIGWELL DRIVE be worth now?

28 CRAIGWELL DRIVE might now be worth an estimated £308,084.

This is based on house price inflation of 16.3%, between August 2021 and February 2025, for 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 16.3% inflationary increase is applied to the most recent sale price for 28 CRAIGWELL DRIVE of £264,950 on 27th August 2021. For the value to have increased from £264,950 to £308,084 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 28 CRAIGWELL DRIVE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The August 2021 sale price of £264,950 represented a fair market value for the property.
• The size, condition, and specification of 28 CRAIGWELL DRIVE has not materially changed since August 2021.

How Large is 28 CRAIGWELL DRIVE?

28 CRAIGWELL DRIVE is 59m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sunderland, and where 28 CRAIGWELL DRIVE lies on this distribution: 1% of detached houses houses are smaller than 28 CRAIGWELL DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

28 CRAIGWELL DRIVE: Plot and Title Map

28 CRAIGWELL DRIVE sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 28 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 28 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 28 CRAIGWELL DRIVE?

28 CRAIGWELL DRIVE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 28 on CRAIGWELL DRIVE.