33, PARK LEA, SUNDERLAND, SR3 3TA - £165,000

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

33 PARK LEA is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £165,000 in November 2019, which was around 23% below the average November 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was D.

33 PARK LEA Sold Prices

Land registry data shows four sales for 33 PARK LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Most of the four 33 PARK LEA 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
2019 15 NOV	£165,000	£214,383	23% below HPI
2006 21 NOV	£185,000	£210,678	12% below HPI
2002 17 JUN	£110,000	£107,298	3% above HPI
1999 28 JUN	£63,000	£85,394	26% below HPI

33 PARK LEA 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 four 33 PARK LEA sales between June 1999 and November 2019 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 33 PARK LEA?

33 PARK LEA is 78m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 33 PARK LEA lies on this distribution: 11% of detached houses are smaller than 33 PARK LEA, and 89% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

33 PARK LEA: Plot and Title Map

33 PARK LEA sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 33 PARK LEA, 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 33 PARK LEA). 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 33 PARK LEA?

33 PARK LEA is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 33 on PARK LEA.