5, FRIARSFIELD CLOSE, SUNDERLAND, SR3 2RZ - £186,500

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.

5 FRIARSFIELD CLOSE is a small detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £246,771. It was last sold for £186,500 in July 2018, which was around 5% below the average July 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

5 FRIARSFIELD CLOSE Sold Prices

Land registry data shows four sales for 5 FRIARSFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Most of the four 5 FRIARSFIELD CLOSE sales were for below 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
2018 16 JUL	£186,500	£197,212	5% below HPI
2011 16 SEP	£158,000	£183,579	14% below HPI
2009 1 JUN	£163,000	£183,978	11% below HPI
2003 7 NOV	£162,000	£142,828	13% above HPI

5 FRIARSFIELD 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 four 5 FRIARSFIELD CLOSE sales between November 2003 and July 2018 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 September 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 FRIARSFIELD CLOSE be worth now?

5 FRIARSFIELD CLOSE might now be worth an estimated £246,771.

This is based on house price inflation of 32.3%, between July 2018 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 32.3% inflationary increase is applied to the most recent sale price for 5 FRIARSFIELD CLOSE of £186,500 on 16th July 2018. For the value to have increased from £186,500 to £246,771 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 5 FRIARSFIELD CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The July 2018 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FRIARSFIELD CLOSE has not materially changed since July 2018.

How Large is 5 FRIARSFIELD CLOSE?

5 FRIARSFIELD CLOSE is 101m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% 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 5 FRIARSFIELD CLOSE lies on this distribution: 38% of detached houses houses are smaller than 5 FRIARSFIELD CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

5 FRIARSFIELD CLOSE: Plot and Title Map

5 FRIARSFIELD CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 5 FRIARSFIELD 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 5 FRIARSFIELD 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 5 FRIARSFIELD CLOSE?

5 FRIARSFIELD CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 5 on FRIARSFIELD CLOSE.