8, FERNWOOD CLOSE, SUNDERLAND, SR3 2XZ - £165,000

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

8 FERNWOOD CLOSE is a very small semi-detached house of 76m², built sometime between 1991 and 1995. It was last sold for £165,000 in June 2016, which was around 21% below the average June 2016 detached price in the Sunderland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

8 FERNWOOD CLOSE Sold Prices

Land registry data shows four sales for 8 FERNWOOD CLOSE 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 8 FERNWOOD 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
2016 24 JUN	£165,000	£207,776	21% below HPI
2005 18 MAR	£157,000	£189,922	17% below HPI
2003 16 APR	£127,500	£130,430	2% below HPI
2002 15 MAR	£89,950	£106,731	16% below HPI

8 FERNWOOD 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 four 8 FERNWOOD CLOSE sales between March 2002 and June 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 March 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 FERNWOOD CLOSE?

8 FERNWOOD CLOSE is 76m² according to the EPC inspection conducted in August 2012. 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 8 FERNWOOD CLOSE lies on this distribution: 10% of detached houses are smaller than 8 FERNWOOD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

8 FERNWOOD CLOSE: Plot and Title Map

8 FERNWOOD CLOSE sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of 8 FERNWOOD 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 8 FERNWOOD 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 8 FERNWOOD CLOSE?

8 FERNWOOD CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 8 on FERNWOOD CLOSE.