4, WEARHEAD DRIVE, SUNDERLAND, SR4 7LP - £181,000

Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources

4 WEARHEAD DRIVE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £181,000 in April 2023, which was around 27% below the average April 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

4 WEARHEAD DRIVE Sold Prices

Land registry data shows two sales for 4 WEARHEAD 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. Both of the two 4 WEARHEAD DRIVE 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
2023 18 APR	£181,000	£246,495	27% below HPI
2001 20 DEC	£99,950	£101,790	2% below HPI

4 WEARHEAD 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 4 WEARHEAD DRIVE sales from December 2001 and April 2023 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 December 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 WEARHEAD DRIVE?

4 WEARHEAD DRIVE is 75m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 4 WEARHEAD DRIVE lies on this distribution: 8% of detached houses are smaller than 4 WEARHEAD DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

4 WEARHEAD DRIVE: Plot and Title Map

4 WEARHEAD DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 4 WEARHEAD 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 4 WEARHEAD 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 4 WEARHEAD DRIVE?

4 WEARHEAD DRIVE is located in SUNDERLAND, in the SR4 postcode district. The below map shows the position of No. 4 on WEARHEAD DRIVE.