5, MEMBURY CLOSE, SUNDERLAND, SR3 2RD - £55,000

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.

5 MEMBURY CLOSE is a very small terraced house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £165,708. It was last sold for £55,000 in June 2002, which was around 31% above the average June 2002 terraced price in the Sunderland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was C.

5 MEMBURY CLOSE Sold Prices

Land registry data shows three sales for 5 MEMBURY 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. One of the three 5 MEMBURY CLOSE sales was for above the average price, whilst two were 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
2002 7 JUN	£55,000	£41,939	31% above HPI
1998 6 MAR	£30,500	£32,102	5% below HPI
1997 10 JAN	£27,950	£31,949	13% below HPI

5 MEMBURY 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 5 MEMBURY CLOSE sales between January 1997 and June 2002 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 March 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2002 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 5 MEMBURY CLOSE be worth now?

5 MEMBURY CLOSE might now be worth an estimated £165,708.

This is based on house price inflation of 201.3%, between June 2002 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 201.3% inflationary increase is applied to the most recent sale price for 5 MEMBURY CLOSE of £55,000 on 7th June 2002. For the value to have increased from £55,000 to £165,708 over the 24 years and one month to May 2026, the following assumptions must hold true:

• The value of 5 MEMBURY CLOSE has moved in line with the HPI for terraced houses in the Sunderland local authority area.
• The June 2002 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEMBURY CLOSE has not materially changed since June 2002.

How Large is 5 MEMBURY CLOSE?

5 MEMBURY CLOSE is 56m² according to the EPC inspection conducted in September 2015. 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 5 MEMBURY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 5 MEMBURY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

5 MEMBURY CLOSE: Plot and Title Map

5 MEMBURY CLOSE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 5 MEMBURY 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 5 MEMBURY 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 5 MEMBURY CLOSE?

5 MEMBURY CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 5 on MEMBURY CLOSE.