16, ORKNEY DRIVE, RYHOPE, SUNDERLAND, SR2 0TB - £97,000

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.

16 ORKNEY DRIVE is a very small semi-detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £144,586. It was last sold for £97,000 in September 2011, which was around 7% below the average September 2011 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

16 ORKNEY DRIVE Sold Prices

Land registry data shows two sales for 16 ORKNEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. One of the two 16 ORKNEY DRIVE sales was for below the average price, whilst the other was 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
2011 9 SEP	£97,000	£104,817	7% below HPI
1997 3 OCT	£46,500	£42,109	10% above HPI

16 ORKNEY DRIVE 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 two 16 ORKNEY DRIVE sales from October 1997 and September 2011 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 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2011 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 16 ORKNEY DRIVE be worth now?

16 ORKNEY DRIVE might now be worth an estimated £144,586.

This is based on house price inflation of 49.1%, between September 2011 and May 2026, 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 49.1% inflationary increase is applied to the most recent sale price for 16 ORKNEY DRIVE of £97,000 on 9th September 2011. For the value to have increased from £97,000 to £144,586 over the fifteen years and four months to May 2026, the following assumptions must hold true:

• The value of 16 ORKNEY DRIVE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The September 2011 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ORKNEY DRIVE has not materially changed since September 2011.

How Large is 16 ORKNEY DRIVE?

16 ORKNEY DRIVE is 59m² according to the EPC inspection conducted in July 2009. 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 16 ORKNEY DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 16 ORKNEY DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

16 ORKNEY DRIVE: Plot and Title Map

16 ORKNEY DRIVE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 16 ORKNEY DRIVE, 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 16 ORKNEY DRIVE). 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 16 ORKNEY DRIVE?

16 ORKNEY DRIVE is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 16 on ORKNEY DRIVE.