3, ELSTOB COTTAGES, SUNDERLAND, SR3 1PT - £119,950

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.

3 ELSTOB COTTAGES is a very small detached house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £146,985. It was last sold for £119,950 in February 2021, which was around 44% below the average February 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

3 ELSTOB COTTAGES Sold Prices

Land registry data shows two sales for 3 ELSTOB COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 3 ELSTOB COTTAGES 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
2021 12 FEB	£119,950	£212,950	44% below HPI
2004 23 APR	£105,000	£151,713	31% below HPI

3 ELSTOB COTTAGES 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 two 3 ELSTOB COTTAGES sales from April 2004 and February 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 April 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 3 ELSTOB COTTAGES be worth now?

3 ELSTOB COTTAGES might now be worth an estimated £146,985.

This is based on house price inflation of 22.5%, between February 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 22.5% inflationary increase is applied to the most recent sale price for 3 ELSTOB COTTAGES of £119,950 on 12th February 2021. For the value to have increased from £119,950 to £146,985 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 ELSTOB COTTAGES has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The February 2021 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 3 ELSTOB COTTAGES has not materially changed since February 2021.

How Large is 3 ELSTOB COTTAGES?

3 ELSTOB COTTAGES is 74m² according to the EPC inspection conducted in September 2020. 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 3 ELSTOB COTTAGES lies on this distribution: 7% of detached houses houses are smaller than 3 ELSTOB COTTAGES, and 92% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

3 ELSTOB COTTAGES: Plot and Title Map

3 ELSTOB COTTAGES sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 3 ELSTOB COTTAGES, 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 3 ELSTOB COTTAGES). 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 3 ELSTOB COTTAGES?

3 ELSTOB COTTAGES is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 3 on ELSTOB COTTAGES.