45, BANKSIDE CLOSE, RYHOPE, SUNDERLAND, SR2 0AN - £97,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 BANKSIDE CLOSE is a small detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £297,371. It was last sold for £97,000 in June 2000, which was around 14% above the average June 2000 detached price in the Sunderland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

45 BANKSIDE CLOSE Sold Prices

Land registry data shows two sales for 45 BANKSIDE CLOSE 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 45 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
2000 12 JUN	£97,000	£85,118	14% above HPI
1997 19 DEC	£89,950	£78,094	15% above HPI

45 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 two 45 BANKSIDE CLOSE sales from December 1997 and June 2000 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 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2000 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 45 BANKSIDE CLOSE be worth now?

45 BANKSIDE CLOSE might now be worth an estimated £297,371.

This is based on house price inflation of 206.6%, between June 2000 and February 2025, 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 206.6% inflationary increase is applied to the most recent sale price for 45 BANKSIDE CLOSE of £97,000 on 12th June 2000. For the value to have increased from £97,000 to £297,371 over the 25 years and four months to February 2025, the following assumptions must hold true:

• The value of 45 BANKSIDE CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The June 2000 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 45 BANKSIDE CLOSE has not materially changed since June 2000.

How Large is 45 BANKSIDE CLOSE?

45 BANKSIDE CLOSE is 94m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 30% 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 45 BANKSIDE CLOSE lies on this distribution: 30% of detached houses houses are smaller than 45 BANKSIDE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

45 BANKSIDE CLOSE: Plot and Title Map

45 BANKSIDE CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 45 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 45 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 45 BANKSIDE CLOSE?

45 BANKSIDE CLOSE is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 45 on BANKSIDE CLOSE.