41, BANKSIDE CLOSE, RYHOPE, SUNDERLAND, SR2 0AN - £235,000

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

41 BANKSIDE CLOSE is a very large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £235,000 in February 2024, which was around 6% below the average February 2024 detached price in the Sunderland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

41 BANKSIDE CLOSE Sold Prices

Land registry data shows three sales for 41 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. The three 41 BANKSIDE CLOSE sales were a mix of below the average price, and roughly equal to 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
2024 5 FEB	£235,000	£250,144	6% below HPI
2021 7 JAN	£225,000	£225,973	Close to HPI
1997 19 SEP	£76,950	£82,326	7% below HPI

41 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 41 BANKSIDE CLOSE sales between September 1997 and February 2024 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 January 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 41 BANKSIDE CLOSE?

41 BANKSIDE CLOSE is 149m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 41 BANKSIDE CLOSE lies on this distribution: 81% of detached houses are smaller than 41 BANKSIDE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

41 BANKSIDE CLOSE: Plot and Title Map

41 BANKSIDE CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 41 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 41 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 41 BANKSIDE CLOSE?

41 BANKSIDE CLOSE is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 41 on BANKSIDE CLOSE.