40, BANKSIDE CLOSE, RYHOPE, SUNDERLAND, SR2 0AN - £225,000

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

40 BANKSIDE CLOSE is a large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £225,000 in April 2017, which was around 10% above the average April 2017 detached price in the Sunderland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

40 BANKSIDE CLOSE Sold Prices

Land registry data shows three sales for 40 BANKSIDE CLOSE since 1^st 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 40 BANKSIDE CLOSE sales were for above 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
2017 7 APR	£225,000	£204,373	10% above HPI
2006 13 JUL	£230,000	£208,322	10% above HPI
1997 14 NOV	£94,950	£81,585	16% above HPI

40 BANKSIDE CLOSE 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 three 40 BANKSIDE CLOSE sales between November 1997 and April 2017 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 July 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2017 sale, which was also at 10% above the HPI.

How Large is 40 BANKSIDE CLOSE?

40 BANKSIDE CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 40 BANKSIDE CLOSE lies on this distribution: 74% of detached houses are smaller than 40 BANKSIDE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

40 BANKSIDE CLOSE: Plot and Title Map

40 BANKSIDE CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 40 BANKSIDE CLOSE, 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 40 BANKSIDE CLOSE). 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 40 BANKSIDE CLOSE?

40 BANKSIDE CLOSE is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 40 on BANKSIDE CLOSE.