34, MARKINGTON DRIVE, RYHOPE, SUNDERLAND, SR2 0LB - £145,000

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.

34 MARKINGTON DRIVE is a very small semi-detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £219,151. It was last sold for £145,000 in January 2014, which was around 40% above the average January 2014 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

34 MARKINGTON DRIVE Sold Prices

Land registry data shows two sales for 34 MARKINGTON 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. Both of the two 34 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
2014 14 JAN	£145,000	£103,374	40% above HPI
1999 26 FEB	£67,950	£41,962	62% above HPI

34 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 two 34 MARKINGTON DRIVE sales from February 1999 and January 2014 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 1999 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the January 2014 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 34 MARKINGTON DRIVE be worth now?

34 MARKINGTON DRIVE might now be worth an estimated £219,151.

This is based on house price inflation of 51.1%, between January 2014 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 51.1% inflationary increase is applied to the most recent sale price for 34 MARKINGTON DRIVE of £145,000 on 14th January 2014. For the value to have increased from £145,000 to £219,151 over the eleven years and eight months to May 2026, the following assumptions must hold true:

• The value of 34 MARKINGTON DRIVE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The January 2014 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 34 MARKINGTON DRIVE has not materially changed since January 2014.

How Large is 34 MARKINGTON DRIVE?

34 MARKINGTON DRIVE is 81m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% 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 34 MARKINGTON DRIVE lies on this distribution: 13% of semi-detached houses houses are smaller than 34 MARKINGTON DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

34 MARKINGTON DRIVE: Plot and Title Map

34 MARKINGTON DRIVE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 34 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 34 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 34 MARKINGTON DRIVE?

34 MARKINGTON DRIVE is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 34 on MARKINGTON DRIVE.