41, BOWOOD CLOSE, SUNDERLAND, SR2 0BY - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 BOWOOD CLOSE is a midsized extended detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £281,147. It was last sold for £255,000 in June 2024, which was around 9% above the average June 2024 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

41 BOWOOD CLOSE Sold Prices

Land registry data shows five sales for 41 BOWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Most of the five 41 BOWOOD 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
2024 14 JUN	£255,000	£233,209	9% above HPI
2018 25 MAY	£205,000	£199,387	3% above HPI
2014 24 NOV	£185,000	£177,072	4% above HPI
2007 26 FEB	£194,000	£199,876	3% below HPI
2004 25 AUG	£179,950	£173,557	4% above HPI

41 BOWOOD 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 five 41 BOWOOD CLOSE sales between August 2004 and June 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 May 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 41 BOWOOD CLOSE be worth now?

41 BOWOOD CLOSE might now be worth an estimated £281,147.

This is based on house price inflation of 10.3%, between June 2024 and December 2024, for detached houses, in the Sunderland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.3% inflationary increase is applied to the most recent sale price for 41 BOWOOD CLOSE of £255,000 on 14th June 2024. For the value to have increased from £255,000 to £281,147 over the six months to December 2024, the following assumptions must hold true:

• The value of 41 BOWOOD CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The June 2024 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 41 BOWOOD CLOSE has not materially changed since June 2024.

How Large is 41 BOWOOD CLOSE?

41 BOWOOD CLOSE is 116m², which includes three extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 50% of detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sunderland, and where 41 BOWOOD CLOSE lies on this distribution: 56% of detached houses houses are smaller than 41 BOWOOD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

41 BOWOOD CLOSE: Plot and Title Map

41 BOWOOD CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 41 BOWOOD 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 BOWOOD 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 BOWOOD CLOSE?

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