Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
38 ELEMORE LANE is a very small property of 72m², built sometime between 1950 and 1966. It was last sold for £1,960 in November 2022, which was around 99% below the average November 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 38 ELEMORE LANE since 1st 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 38 ELEMORE LANE 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 |
---|---|---|---|
2022 29 NOV | £1,960 | £259,069 | 99% below HPI |
2016 23 AUG | £85,000 | £204,728 | 58% below HPI |
2007 27 JUL | £114,000 | £216,957 | 47% below HPI |
The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The three 38 ELEMORE LANE sales between July 2007 and November 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 August 2016 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the November 2022 sale, where it falls to 99% below the HPI. The line then continues to track at 99% below the HPI.
38 ELEMORE LANE is 72m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Easington Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Easington Lane, and where 38 ELEMORE LANE lies on this distribution: 3% of detached houses are smaller than 38 ELEMORE LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Easington Lane.
38 ELEMORE LANE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 38 ELEMORE LANE, 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 38 ELEMORE LANE). 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.
38 ELEMORE LANE is located in EASINGTON LANE, in the DH5 postcode district. The below map shows the position of No. 38 on ELEMORE LANE.