4, GARESFIELD, SUNDERLAND, SR2 0EQ - £190,000

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

4 GARESFIELD is a very small detached house of 81m². It was last sold for £190,000 in October 2021, which was around 23% below the average October 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

4 GARESFIELD Sold Prices

Land registry data shows two sales for 4 GARESFIELD 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 4 GARESFIELD 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
2021 29 OCT	£190,000	£246,768	23% below HPI
2015 15 MAY	£169,995	£191,931	11% below HPI

4 GARESFIELD 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 4 GARESFIELD sales from May 2015 and October 2021 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 May 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 GARESFIELD?

4 GARESFIELD is 81m² according to the EPC inspection conducted in June 2015. 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 4 GARESFIELD lies on this distribution: 13% of detached houses are smaller than 4 GARESFIELD, and 86% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

4 GARESFIELD: Plot and Title Map

4 GARESFIELD sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 4 GARESFIELD, 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 4 GARESFIELD). 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 4 GARESFIELD?

4 GARESFIELD is located in SUNDERLAND, in the SR2 postcode district. The below map shows the position of No. 4 on GARESFIELD.