7, LACEBARK, SUNDERLAND, SR3 2NZ - £255,000

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 LACEBARK is a large extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £255,000 in March 2019, which was around 21% above the average March 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

7 LACEBARK Sold Prices

Land registry data shows four sales for 7 LACEBARK 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. All of the four 7 LACEBARK 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
2019 6 MAR	£255,000	£210,465	21% above HPI
2004 3 SEP	£218,000	£186,188	17% above HPI
2001 4 SEP	£103,000	£101,301	2% above HPI
1998 4 DEC	£87,995	£83,473	5% above HPI

7 LACEBARK 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 7 LACEBARK sales between December 1998 and March 2019 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 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2019 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 7 LACEBARK?

7 LACEBARK is 135m², which includes four extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 30% 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 LACEBARK lies on this distribution: 74% of detached houses are smaller than 7 LACEBARK, and 25% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

7 LACEBARK: Plot and Title Map

7 LACEBARK sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 7 LACEBARK, 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 LACEBARK). 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 LACEBARK?

7 LACEBARK is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 7 on LACEBARK.