Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 MILCOMBE CLOSE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £155,325 in October 2019, which was around 26% below the average October 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 MILCOMBE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. The three 7 MILCOMBE CLOSE sales were a mix of below the average price, and roughly equal to 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 4 OCT | £155,325 | £210,949 | 26% below HPI |
2004 5 MAR | £156,500 | £157,231 | Close to HPI |
1998 23 JUN | £71,000 | £82,875 | 14% below HPI |
The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The three 7 MILCOMBE CLOSE sales between June 1998 and October 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 March 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
7 MILCOMBE CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 MILCOMBE CLOSE lies on this distribution: 24% of detached houses are smaller than 7 MILCOMBE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Sunderland.
7 MILCOMBE CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 7 MILCOMBE 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 MILCOMBE 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.
7 MILCOMBE CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 7 on MILCOMBE CLOSE.