38, MERLE TERRACE, SUNDERLAND, SR4 6SD - £90,000

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 MERLE TERRACE is a midsized extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £90,000 in January 2007, which was around 57% below the average January 2007 detached price in the Sunderland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

38 MERLE TERRACE Sold Prices

Land registry data shows four sales for 38 MERLE TERRACE 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. All of the four 38 MERLE TERRACE 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
2007 25 JAN	£90,000	£211,374	57% below HPI
2002 30 APR	£37,500	£107,042	65% below HPI
1996 14 JUN	£18,200	£76,159	76% below HPI
1995 12 MAY	£18,500	£75,288	75% below HPI

38 MERLE TERRACE 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 38 MERLE TERRACE sales between May 1995 and January 2007 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 April 2002 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the January 2007 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 38 MERLE TERRACE?

38 MERLE TERRACE is 118m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 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 38 MERLE TERRACE lies on this distribution: 59% of detached houses are smaller than 38 MERLE TERRACE, and 39% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

38 MERLE TERRACE: Plot and Title Map

38 MERLE TERRACE sits on a plot of roughly 0.030 of an acre, or 119m². The below map shows the location of 38 MERLE TERRACE, 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 MERLE TERRACE). 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 38 MERLE TERRACE?

38 MERLE TERRACE is located in SUNDERLAND, in the SR4 postcode district. The below map shows the position of No. 38 on MERLE TERRACE.