41, PARK LEA, SUNDERLAND, SR3 3TA - £270,000

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 PARK LEA is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £270,000 in July 2021, which was around 16% above the average July 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

41 PARK LEA Sold Prices

Land registry data shows two sales for 41 PARK LEA 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 41 PARK LEA 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
2021 29 JUL	£270,000	£233,273	16% above HPI
2016 11 AUG	£239,950	£204,728	17% above HPI

41 PARK LEA 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 41 PARK LEA sales from August 2016 and July 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 August 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 41 PARK LEA?

41 PARK LEA is 98m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 PARK LEA lies on this distribution: 33% of detached houses are smaller than 41 PARK LEA, and 67% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

41 PARK LEA: Plot and Title Map

41 PARK LEA sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 41 PARK LEA, 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 PARK LEA). 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 PARK LEA?

41 PARK LEA is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 41 on PARK LEA.