8, SHANNON CLOSE, SUNDERLAND, SR5 3DJ - £124,000

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.

8 SHANNON CLOSE is a very small semi-detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £174,022. It was last sold for £124,000 in January 2017, which was around 15% above the average January 2017 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

8 SHANNON CLOSE Sold Prices

Land registry data shows four sales for 8 SHANNON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. Most of the four 8 SHANNON CLOSE 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
2017 19 JAN	£124,000	£107,891	15% above HPI
2012 23 OCT	£114,000	£103,938	10% above HPI
2003 27 JUN	£85,000	£73,948	15% above HPI
1996 24 OCT	£39,000	£39,721	2% below HPI

8 SHANNON CLOSE 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 four 8 SHANNON CLOSE sales between October 1996 and January 2017 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 SHANNON CLOSE be worth now?

8 SHANNON CLOSE might now be worth an estimated £174,022.

This is based on house price inflation of 40.3%, between January 2017 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 40.3% inflationary increase is applied to the most recent sale price for 8 SHANNON CLOSE of £124,000 on 19th January 2017. For the value to have increased from £124,000 to £174,022 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 SHANNON CLOSE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The January 2017 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHANNON CLOSE has not materially changed since January 2017.

How Large is 8 SHANNON CLOSE?

8 SHANNON CLOSE is 57m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 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 8 SHANNON CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 SHANNON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

8 SHANNON CLOSE: Plot and Title Map

8 SHANNON CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 8 SHANNON 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 SHANNON 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 SHANNON CLOSE?

8 SHANNON CLOSE is located in SUNDERLAND, in the SR5 postcode district. The below map shows the position of No. 8 on SHANNON CLOSE.