3, MERTON CLOSE, RYHOPE, SUNDERLAND, SR2 0FR - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MERTON CLOSE is a small detached house of 100m². It was last sold for £285,000 in June 2024, which was around 10% above the average June 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 two sales for 3 MERTON CLOSE 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 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 14 JUN	£285,000	£258,758	10% above HPI
2019 22 NOV	£257,500	£214,383	20% 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 two 3 MERTON CLOSE sales from November 2019 and June 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 November 2019 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2024 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

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 in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 3 MERTON CLOSE lies on this distribution: 36% of detached 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.