2, MERTON CLOSE, RYHOPE, SUNDERLAND, SR2 0FR - £254,995

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 MERTON CLOSE is a small detached house of 100m², built in 2018, which could now be worth an estimated £329,896. It was last sold for £254,995 in November 2019, which was around 26% above the average November 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

2 MERTON CLOSE Sold Prices

Land registry data shows one sale for 2 MERTON CLOSE 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
2019 29 NOV	£254,995	£202,930	26% above HPI

What might 2 MERTON CLOSE be worth now?

2 MERTON CLOSE might now be worth an estimated £329,896.

This is based on house price inflation of 29.4%, between November 2019 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 29.4% inflationary increase is applied to the most recent sale price for 2 MERTON CLOSE of £254,995 on 29th November 2019. For the value to have increased from £254,995 to £329,896 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 2 MERTON CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The November 2019 sale price of £254,995 represented a fair market value for the property.
• The size, condition, and specification of 2 MERTON CLOSE has not materially changed since November 2019.

How Large is 2 MERTON CLOSE?

2 MERTON CLOSE is 100m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% 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 MERTON CLOSE lies on this distribution: 35% of detached houses are smaller than 2 MERTON CLOSE, and 63% of detached houses are larger. Note that EPC data is not available for all properties in Sunderland.

2 MERTON CLOSE: Plot

2 MERTON CLOSE sits on a plot of roughly 0.055 of an acre, or 222m².

Where is 2 MERTON CLOSE?

2 MERTON CLOSE is located in RYHOPE, in the SR2 postcode district.