3, MERTON CLOSE, RYHOPE, SUNDERLAND, SR2 0FR - £270,000

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 MERTON CLOSE is a small detached house of 100m², which could now be worth an estimated £289,485. It was last sold for £270,000 in September 2024, which was around 11% above the average September 2024 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

3 MERTON CLOSE Sold Prices

Land registry data shows three sales for 3 MERTON CLOSE 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 3 MERTON CLOSE 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
2024 12 SEP	£270,000	£243,381	11% above HPI
2024 14 JUN	£285,000	£232,299	23% above HPI
2019 22 NOV	£257,500	£202,930	27% above HPI

3 MERTON CLOSE 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 3 MERTON CLOSE sales between November 2019 and September 2024 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 June 2024 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 MERTON CLOSE be worth now?

3 MERTON CLOSE might now be worth an estimated £289,485.

This is based on house price inflation of 7.2%, between September 2024 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 7.2% inflationary increase is applied to the most recent sale price for 3 MERTON CLOSE of £270,000 on 12th September 2024. For the value to have increased from £270,000 to £289,485 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 3 MERTON CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The September 2024 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MERTON CLOSE has not materially changed since September 2024.

How Large is 3 MERTON CLOSE?

3 MERTON CLOSE is 100m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% 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 MERTON CLOSE lies on this distribution: 36% of detached houses houses are smaller than 3 MERTON CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

3 MERTON CLOSE: Plot and Title Map

3 MERTON CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 3 MERTON CLOSE, 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 MERTON CLOSE). 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 MERTON CLOSE?

3 MERTON CLOSE is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 3 on MERTON CLOSE.