2, ELDER RISE, SUNDERLAND, SR3 2FS - £324,995

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.

2 ELDER RISE is a large detached house of 133m², built in 2022, which could now be worth an estimated £347,934. It was last sold for £324,995 in November 2022, which was around 33% above the average November 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

2 ELDER RISE Sold Prices

Land registry data shows one sale for 2 ELDER RISE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Sunderland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 29 NOV	£324,995	£245,229	33% above HPI

What might 2 ELDER RISE be worth now?

2 ELDER RISE might now be worth an estimated £347,934.

This is based on house price inflation of 7.1%, between November 2022 and May 2026, 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 7.1% inflationary increase is applied to the most recent sale price for 2 ELDER RISE of £324,995 on 29th November 2022. For the value to have increased from £324,995 to £347,934 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 2 ELDER RISE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The November 2022 sale price of £324,995 represented a fair market value for the property.
• The size, condition, and specification of 2 ELDER RISE has not materially changed since November 2022.

How Large is 2 ELDER RISE?

2 ELDER RISE is 133m² according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 2 ELDER RISE lies on this distribution: 73% of detached houses are smaller than 2 ELDER RISE, and 26% of detached houses are larger. Note that EPC data is not available for all properties in Sunderland.

2 ELDER RISE: Plot

2 ELDER RISE sits on a plot of roughly 0.069 of an acre, or 280m².

Where is 2 ELDER RISE?

2 ELDER RISE is located in SUNDERLAND, in the SR3 postcode district.