3, OAK TREE DRIVE, NEW SILKSWORTH, SUNDERLAND, SR3 2AE - £305,000

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 OAK TREE DRIVE is a very large detached house of 203m², built sometime from 2007 onwards. It was last sold for £305,000 in April 2020, which was around 45% above the average April 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

3 OAK TREE DRIVE Sold Prices

Land registry data shows two sales for 3 OAK TREE DRIVE 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. One of the two 3 OAK TREE DRIVE sales was for above the average price, whilst the other 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
2020 6 APR	£305,000	£210,875	45% above HPI
2012 3 AUG	£95,000	£190,496	50% below HPI

3 OAK TREE 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 two 3 OAK TREE DRIVE sales from August 2012 and April 2020 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 2012 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2020 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 3 OAK TREE DRIVE?

3 OAK TREE DRIVE is 203m² according to the EPC inspection conducted in November 2013. This puts it in the largest 10% 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 OAK TREE DRIVE lies on this distribution: 94% of detached houses are smaller than 3 OAK TREE DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

3 OAK TREE DRIVE: Plot and Title Map

3 OAK TREE DRIVE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 3 OAK TREE 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 OAK TREE 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 OAK TREE DRIVE?

3 OAK TREE DRIVE is located in NEW SILKSWORTH, in the SR3 postcode district. The below map shows the position of No. 3 on OAK TREE DRIVE.