7, OAK TREE DRIVE, NEW SILKSWORTH, SUNDERLAND, SR3 2AE - £256,500

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.

7 OAK TREE DRIVE is a very large semi-detached house of 195m², which could now be worth an estimated £350,985. It was last sold for £256,500 in October 2016, which was around 132% above the average October 2016 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was B, and the potential energy rating was B.

7 OAK TREE DRIVE Sold Prices

Land registry data shows two sales for 7 OAK TREE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 7 OAK TREE DRIVE 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
2016 18 OCT	£256,500	£110,654	132% above HPI
2012 30 OCT	£220,000	£103,938	112% above HPI

7 OAK TREE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sunderland local authority area over time, sourced from the HPI. The two 7 OAK TREE DRIVE sales from October 2012 and October 2016 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 2012 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the October 2016 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

What might 7 OAK TREE DRIVE be worth now?

7 OAK TREE DRIVE might now be worth an estimated £350,985.

This is based on house price inflation of 36.8%, between October 2016 and February 2025, for semi-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 36.8% inflationary increase is applied to the most recent sale price for 7 OAK TREE DRIVE of £256,500 on 18th October 2016. For the value to have increased from £256,500 to £350,985 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 OAK TREE DRIVE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The October 2016 sale price of £256,500 represented a fair market value for the property.
• The size, condition, and specification of 7 OAK TREE DRIVE has not materially changed since October 2016.

How Large is 7 OAK TREE DRIVE?

7 OAK TREE DRIVE is 195m² according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of semi-detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sunderland, and where 7 OAK TREE DRIVE lies on this distribution: 93% of semi-detached houses houses are smaller than 7 OAK TREE DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

7 OAK TREE DRIVE: Plot and Title Map

7 OAK TREE DRIVE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 7 OAK TREE DRIVE, 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 OAK TREE DRIVE). 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 OAK TREE DRIVE?

7 OAK TREE DRIVE is located in NEW SILKSWORTH, in the SR3 postcode district. The below map shows the position of No. 7 on OAK TREE DRIVE.