7, LABURNUM CLOSE, SUNDERLAND, SR4 0JJ - £140,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 LABURNUM CLOSE is a very small extended detached house of 69m², built sometime between 1983 and 1990. It was last sold for £140,000 in November 2014, which was around 25% below the average November 2014 detached price in the Sunderland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

7 LABURNUM CLOSE Sold Prices

Land registry data shows two sales for 7 LABURNUM 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 7 LABURNUM 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
2014 11 NOV	£140,000	£187,065	25% below HPI
2001 19 OCT	£72,000	£102,469	30% below HPI

7 LABURNUM 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 7 LABURNUM CLOSE sales from October 2001 and November 2014 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 October 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 LABURNUM CLOSE?

7 LABURNUM CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 7 LABURNUM CLOSE lies on this distribution: 4% of detached houses are smaller than 7 LABURNUM CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

7 LABURNUM CLOSE: Plot and Title Map

7 LABURNUM CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 7 LABURNUM 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 7 LABURNUM 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 7 LABURNUM CLOSE?

7 LABURNUM CLOSE is located in SUNDERLAND, in the SR4 postcode district. The below map shows the position of No. 7 on LABURNUM CLOSE.