5, MARINE DRIVE, LEECHMERE, SUNDERLAND, SR2 0DU - £171,125

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.

5 MARINE DRIVE is a very small semi-detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £185,026. It was last sold for £171,125 in August 2023, which was around 18% above the average August 2023 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

5 MARINE DRIVE Sold Prices

Land registry data shows three sales for 5 MARINE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. All of the three 5 MARINE 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
2023 11 AUG	£171,125	£144,500	18% above HPI
2016 29 JUL	£146,000	£111,155	31% above HPI
2004 23 APR	£125,000	£85,973	45% above HPI

5 MARINE 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 three 5 MARINE DRIVE sales between April 2004 and August 2023 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 July 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2023 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 5 MARINE DRIVE be worth now?

5 MARINE DRIVE might now be worth an estimated £185,026.

This is based on house price inflation of 8.1%, between August 2023 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 8.1% inflationary increase is applied to the most recent sale price for 5 MARINE DRIVE of £171,125 on 11th August 2023. For the value to have increased from £171,125 to £185,026 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 5 MARINE DRIVE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The August 2023 sale price of £171,125 represented a fair market value for the property.
• The size, condition, and specification of 5 MARINE DRIVE has not materially changed since August 2023.

How Large is 5 MARINE DRIVE?

5 MARINE DRIVE is 80m² according to the EPC inspection conducted in June 2015. 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 5 MARINE DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 5 MARINE DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

5 MARINE DRIVE: Plot and Title Map

5 MARINE DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 5 MARINE 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 5 MARINE 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 5 MARINE DRIVE?

5 MARINE DRIVE is located in LEECHMERE, in the SR2 postcode district. The below map shows the position of No. 5 on MARINE DRIVE.