39, OAKFIELD CLOSE, SUNDERLAND, SR3 3RT - £169,950

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.

39 OAKFIELD CLOSE is a very small terraced house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £187,086. It was last sold for £169,950 in July 2022, which was around 49% above the average July 2022 terraced price in the Sunderland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

39 OAKFIELD CLOSE Sold Prices

Land registry data shows three sales for 39 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. All of the three 39 OAKFIELD CLOSE 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
2022 14 JUL	£169,950	£114,005	49% above HPI
2015 26 JUN	£130,000	£88,066	48% above HPI
2014 12 SEP	£95,000	£86,962	9% above HPI

39 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 39 OAKFIELD CLOSE sales between September 2014 and July 2022 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 June 2015 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 39 OAKFIELD CLOSE be worth now?

39 OAKFIELD CLOSE might now be worth an estimated £187,086.

This is based on house price inflation of 10.1%, between July 2022 and April 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 10.1% inflationary increase is applied to the most recent sale price for 39 OAKFIELD CLOSE of £169,950 on 14th July 2022. For the value to have increased from £169,950 to £187,086 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 39 OAKFIELD CLOSE has moved in line with the HPI for terraced houses in the Sunderland local authority area.
• The July 2022 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 39 OAKFIELD CLOSE has not materially changed since July 2022.

How Large is 39 OAKFIELD CLOSE?

39 OAKFIELD CLOSE is 58m² according to the EPC inspection conducted in July 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 39 OAKFIELD CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 39 OAKFIELD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

39 OAKFIELD CLOSE: Plot and Title Map

39 OAKFIELD CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 39 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 39 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 39 OAKFIELD CLOSE?

39 OAKFIELD CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 39 on OAKFIELD CLOSE.