MILL HOUSE, RYHOPE ROAD, SUNDERLAND, SR2 7SZ - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MILL HOUSE is a large extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £190,000 in September 2023, which was around 28% below the average September 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

MILL HOUSE Sold Prices

Land registry data shows three sales for MILL HOUSE 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. All of the three MILL HOUSE 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
2023 15 SEP	£190,000	£262,433	28% below HPI
2013 18 JUL	£180,000	£186,799	4% below HPI
2007 30 MAR	£150,000	£210,867	29% below HPI

MILL HOUSE 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 MILL HOUSE sales between March 2007 and September 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 July 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is MILL HOUSE?

MILL HOUSE is 124m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where MILL HOUSE lies on this distribution: 66% of detached houses are smaller than MILL HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on RYHOPE ROAD in SUNDERLAND, in the SR2 postcode district. The below map shows the position of MILL HOUSE on RYHOPE ROAD.