4, LANARK CLOSE, SUNDERLAND, SR4 8RL - £295,000

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.

4 LANARK CLOSE is a large extended detached house of 145m², built sometime between 2003 and 2006, which could now be worth an estimated £351,243. It was last sold for £295,000 in May 2021, which was around 35% above the average May 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

4 LANARK CLOSE Sold Prices

Land registry data shows three sales for 4 LANARK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the three 4 LANARK 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
2021 28 MAY	£295,000	£219,161	35% above HPI
2010 26 NOV	£249,999	£188,177	33% above HPI
2005 24 JUN	£250,000	£181,764	38% above HPI

4 LANARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The three 4 LANARK CLOSE sales between June 2005 and May 2021 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 2010 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 4 LANARK CLOSE be worth now?

4 LANARK CLOSE might now be worth an estimated £351,243.

This is based on house price inflation of 19.1%, between May 2021 and February 2025, for 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 19.1% inflationary increase is applied to the most recent sale price for 4 LANARK CLOSE of £295,000 on 28th May 2021. For the value to have increased from £295,000 to £351,243 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 4 LANARK CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The May 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LANARK CLOSE has not materially changed since May 2021.

How Large is 4 LANARK CLOSE?

4 LANARK CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 20% of detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sunderland, and where 4 LANARK CLOSE lies on this distribution: 79% of detached houses houses are smaller than 4 LANARK CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

4 LANARK CLOSE: Plot and Title Map

4 LANARK CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 4 LANARK 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 4 LANARK 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 4 LANARK CLOSE?

4 LANARK CLOSE is located in SUNDERLAND, in the SR4 postcode district. The below map shows the position of No. 4 on LANARK CLOSE.