THE GABLES, GRINDON LANE, SUNDERLAND, SR4 8HP - £403,500

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

THE GABLES is a very large extended detached house of 259m², built sometime between 1930 and 1949. It was last sold for £403,500 in October 2018, which was around 86% above the average October 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

THE GABLES Sold Prices

Land registry data shows three sales for THE GABLES 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 THE GABLES 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
2018 26 OCT	£403,500	£216,729	86% above HPI
2003 28 FEB	£250,000	£124,377	101% above HPI
1998 24 APR	£140,000	£80,824	73% above HPI

THE GABLES 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 THE GABLES sales between April 1998 and October 2018 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 February 2003 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the October 2018 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is THE GABLES?

THE GABLES is 259m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 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 THE GABLES lies on this distribution: 98% of detached houses are smaller than THE GABLES, and 2% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.399 of an acre, or 1,613m². The below map shows the location of THE GABLES, 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 THE GABLES). 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 THE GABLES?

THE GABLES is located on GRINDON LANE in SUNDERLAND, in the SR4 postcode district. The below map shows the position of THE GABLES on GRINDON LANE.