26, MARKINGTON DRIVE, RYHOPE, SUNDERLAND, SR2 0LB - £177,000

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.

26 MARKINGTON DRIVE is a small extended semi-detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £229,615. It was last sold for £177,000 in May 2020, which was around 52% above the average May 2020 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

26 MARKINGTON DRIVE Sold Prices

Land registry data shows four sales for 26 MARKINGTON DRIVE 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. All of the four 26 MARKINGTON DRIVE 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
2020 29 MAY	£177,000	£116,719	52% above HPI
2017 3 FEB	£165,000	£108,171	53% above HPI
2005 20 MAY	£127,500	£106,870	19% above HPI
1998 4 SEP	£55,450	£43,012	29% above HPI

26 MARKINGTON 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 four 26 MARKINGTON DRIVE sales between September 1998 and May 2020 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 2017 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the May 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 26 MARKINGTON DRIVE be worth now?

26 MARKINGTON DRIVE might now be worth an estimated £229,615.

This is based on house price inflation of 29.7%, between May 2020 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 29.7% inflationary increase is applied to the most recent sale price for 26 MARKINGTON DRIVE of £177,000 on 29th May 2020. For the value to have increased from £177,000 to £229,615 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 26 MARKINGTON DRIVE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The May 2020 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 26 MARKINGTON DRIVE has not materially changed since May 2020.

How Large is 26 MARKINGTON DRIVE?

26 MARKINGTON DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% 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 26 MARKINGTON DRIVE lies on this distribution: 21% of semi-detached houses houses are smaller than 26 MARKINGTON DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

26 MARKINGTON DRIVE: Plot and Title Map

26 MARKINGTON DRIVE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 26 MARKINGTON 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 26 MARKINGTON 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 26 MARKINGTON DRIVE?

26 MARKINGTON DRIVE is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 26 on MARKINGTON DRIVE.