6, REDMILL CLOSE, SUNDERLAND, SR6 8BJ - £480,000

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

6 REDMILL CLOSE is a small detached house of 130m², which could now be worth an estimated £504,674. It was last sold for £480,000 in July 2023, which was around 96% above the average July 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

6 REDMILL CLOSE Sold Prices

Land registry data shows two sales for 6 REDMILL 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 6 REDMILL 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
2023 19 JUL	£480,000	£244,551	96% above HPI
2020 27 NOV	£394,950	£207,057	91% above HPI

6 REDMILL 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 6 REDMILL CLOSE sales from November 2020 and July 2023 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 November 2020 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the July 2023 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

What might 6 REDMILL CLOSE be worth now?

6 REDMILL CLOSE might now be worth an estimated £504,674.

This is based on house price inflation of 5.1%, between July 2023 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 5.1% inflationary increase is applied to the most recent sale price for 6 REDMILL CLOSE of £480,000 on 19th July 2023. For the value to have increased from £480,000 to £504,674 over the seven months to December 2024, the following assumptions must hold true:

• The value of 6 REDMILL CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The July 2023 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 6 REDMILL CLOSE has not materially changed since July 2023.

How Large is 6 REDMILL CLOSE?

6 REDMILL CLOSE is 130m² according to the EPC inspection conducted in November 2020. This puts it in the largest 40% of detached houses houses in South Bents, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Bents, and where 6 REDMILL CLOSE lies on this distribution: 37% of detached houses houses are smaller than 6 REDMILL CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in South Bents.

6 REDMILL CLOSE: Plot and Title Map

6 REDMILL CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 6 REDMILL 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 6 REDMILL 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 6 REDMILL CLOSE?

6 REDMILL CLOSE is located in SUNDERLAND, in the SR6 postcode district. The below map shows the position of No. 6 on REDMILL CLOSE.