3, FERN DRIVE, SUNDERLAND, SR6 7SR - £285,000

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.

3 FERN DRIVE is a very small extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £312,336. It was last sold for £285,000 in October 2022, which was around 3% above the average October 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

3 FERN DRIVE Sold Prices

Land registry data shows three sales for 3 FERN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Two of the three 3 FERN DRIVE sales were for above the average price, whilst one was 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
2022 7 OCT	£285,000	£277,913	3% above HPI
2022 12 JUL	£249,000	£282,709	12% below HPI
1995 21 FEB	£81,000	£78,011	4% above HPI

3 FERN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 3 FERN DRIVE sales between February 1995 and October 2022 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 July 2022 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 3 FERN DRIVE be worth now?

3 FERN DRIVE might now be worth an estimated £312,336.

This is based on house price inflation of 9.6%, between October 2022 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for 3 FERN DRIVE of £285,000 on 7th October 2022. For the value to have increased from £285,000 to £312,336 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 FERN DRIVE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The October 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FERN DRIVE has not materially changed since October 2022.

How Large is 3 FERN DRIVE?

3 FERN DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses houses in Cleadon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleadon, and where 3 FERN DRIVE lies on this distribution: 6% of detached houses houses are smaller than 3 FERN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cleadon.

3 FERN DRIVE: Plot and Title Map

3 FERN DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 FERN 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 3 FERN 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 3 FERN DRIVE?

3 FERN DRIVE is located in SUNDERLAND, in the SR6 postcode district. The below map shows the position of No. 3 on FERN DRIVE.