71, PARK LEA, SUNDERLAND, SR3 3SZ - £427,500

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

71 PARK LEA is a large extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £427,500 in November 2023, which was around 62% above the average November 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

71 PARK LEA Sold Prices

Land registry data shows three sales for 71 PARK LEA since 1^st 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. One of the three 71 PARK LEA sales was for above the average price, whilst two 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
2023 29 NOV	£427,500	£263,598	62% above HPI
2017 14 AUG	£120,000	£207,340	42% below HPI
2002 23 AUG	£102,000	£117,049	13% below HPI

71 PARK LEA 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 three 71 PARK LEA sales between August 2002 and November 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 August 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2023 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 71 PARK LEA?

71 PARK LEA is 137m², which includes two extensions, according to the EPC inspection conducted in March 2021. 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 71 PARK LEA lies on this distribution: 76% of detached houses are smaller than 71 PARK LEA, and 24% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

71 PARK LEA: Plot and Title Map

71 PARK LEA sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 71 PARK LEA, 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 71 PARK LEA). 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 71 PARK LEA?

71 PARK LEA is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 71 on PARK LEA.