35, OAKFIELD CLOSE, SUNDERLAND, SR3 3RT - £125,000

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.

35 OAKFIELD CLOSE is a very small terraced house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £177,245. It was last sold for £125,000 in April 2017, which was around 40% above the average April 2017 terraced price in the Sunderland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

35 OAKFIELD CLOSE Sold Prices

Land registry data shows three sales for 35 OAKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Sunderland local authority area for the corresponding sale date. Two of the three 35 OAKFIELD CLOSE sales were for above the average price, whilst one was for below 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
2017 7 APR	£125,000	£89,112	40% above HPI
2015 12 NOV	£75,100	£86,641	13% below HPI
1997 9 JUL	£52,500	£33,391	57% above HPI

35 OAKFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sunderland local authority area over time, sourced from the HPI. The three 35 OAKFIELD CLOSE sales between July 1997 and April 2017 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 November 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2017 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 35 OAKFIELD CLOSE be worth now?

35 OAKFIELD CLOSE might now be worth an estimated £177,245.

This is based on house price inflation of 41.8%, between April 2017 and May 2026, for terraced 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 41.8% inflationary increase is applied to the most recent sale price for 35 OAKFIELD CLOSE of £125,000 on 7th April 2017. For the value to have increased from £125,000 to £177,245 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 35 OAKFIELD CLOSE has moved in line with the HPI for terraced houses in the Sunderland local authority area.
• The April 2017 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 35 OAKFIELD CLOSE has not materially changed since April 2017.

How Large is 35 OAKFIELD CLOSE?

35 OAKFIELD CLOSE is 59m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of terraced houses houses in Sunderland, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sunderland, and where 35 OAKFIELD CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 35 OAKFIELD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

35 OAKFIELD CLOSE: Plot and Title Map

35 OAKFIELD CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 35 OAKFIELD CLOSE, 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 35 OAKFIELD CLOSE). 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 35 OAKFIELD CLOSE?

35 OAKFIELD CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 35 on OAKFIELD CLOSE.