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
SOUTH FARM COTTAGE is a large extended detached house of 127m², built sometime before 1900. It was last sold for £379,500 in January 2023, which was around 49% above the average January 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for SOUTH FARM COTTAGE since 1st 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 SOUTH FARM COTTAGE 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 |
---|---|---|---|
2023 20 JAN | £379,500 | £254,888 | 49% above HPI |
2021 9 MAR | £315,000 | £226,562 | 39% above HPI |
2016 15 JAN | £240,000 | £197,396 | 22% above HPI |
The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The three SOUTH FARM COTTAGE sales between January 2016 and January 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 March 2021 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2023 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.
SOUTH FARM COTTAGE is 127m², which includes two extensions, according to the EPC inspection conducted in May 2022. 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 SOUTH FARM COTTAGE lies on this distribution: 69% of detached houses are smaller than SOUTH FARM COTTAGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Sunderland.
SOUTH FARM COTTAGE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of SOUTH FARM COTTAGE, 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 SOUTH FARM COTTAGE). 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.
SOUTH FARM COTTAGE is located on THE VILLAGE in RYHOPE, in the SR2 postcode district. The below map shows the position of SOUTH FARM COTTAGE on THE VILLAGE.