5, THE SQUARE, SUNDERLAND, SR6 8JJ - £600,000

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 THE SQUARE is a very large extended detached house of 368m², built sometime from 2007 onwards, which could now be worth an estimated £782,972. It was last sold for £600,000 in July 2019, which was around 200% above the average July 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

5 THE SQUARE Sold Prices

Land registry data shows two sales for 5 THE SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 5 THE SQUARE 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
2019 19 JUL	£600,000	£199,965	200% above HPI
2008 19 DEC	£648,000	£186,439	248% above HPI

5 THE SQUARE 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 two 5 THE SQUARE sales from December 2008 and July 2019 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 December 2008 sale was for 248% above the HPI. So the extrapolation line tracks at 248% above the HPI over time, until the July 2019 sale, where it falls to 200% above the HPI. The line then continues to track at 200% above the HPI.

What might 5 THE SQUARE be worth now?

5 THE SQUARE might now be worth an estimated £782,972.

This is based on house price inflation of 30.5%, between July 2019 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 30.5% inflationary increase is applied to the most recent sale price for 5 THE SQUARE of £600,000 on 19th July 2019. For the value to have increased from £600,000 to £782,972 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 5 THE SQUARE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The July 2019 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE SQUARE has not materially changed since July 2019.

How Large is 5 THE SQUARE?

5 THE SQUARE is 368m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 10% 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 5 THE SQUARE lies on this distribution: 99% of detached houses houses are smaller than 5 THE SQUARE, and 1% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

5 THE SQUARE: Plot and Title Map

5 THE SQUARE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 5 THE SQUARE, 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 THE SQUARE). 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 THE SQUARE?

5 THE SQUARE is located in SUNDERLAND, in the SR6 postcode district. The below map shows the position of No. 5 on THE SQUARE.