15, MONUMENT VIEW, NEW PENSHAW, HOUGHTON LE SPRING, DH4 7JN - £167,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MONUMENT VIEW is a large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £221,576. It was last sold for £167,000 in August 2016, which was around 14% below the average August 2016 detached price in the Sunderland local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

15 MONUMENT VIEW Sold Prices

Land registry data shows two sales for 15 MONUMENT VIEW 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 15 MONUMENT VIEW sales 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
2016 1 AUG	£167,000	£193,791	14% below HPI
2005 16 DEC	£63,000	£185,791	66% below HPI

15 MONUMENT VIEW 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 15 MONUMENT VIEW sales from December 2005 and August 2016 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 2005 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the August 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 MONUMENT VIEW be worth now?

15 MONUMENT VIEW might now be worth an estimated £221,576.

This is based on house price inflation of 32.7%, between August 2016 and December 2024, 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 32.7% inflationary increase is applied to the most recent sale price for 15 MONUMENT VIEW of £167,000 on 1st August 2016. For the value to have increased from £167,000 to £221,576 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 15 MONUMENT VIEW has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The August 2016 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MONUMENT VIEW has not materially changed since August 2016.

How Large is 15 MONUMENT VIEW?

15 MONUMENT VIEW is 127m² according to the EPC inspection conducted in November 2008. This puts it in the largest 40% of detached houses houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penshaw, and where 15 MONUMENT VIEW lies on this distribution: 68% of detached houses houses are smaller than 15 MONUMENT VIEW, and 32% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

15 MONUMENT VIEW: Plot and Title Map

15 MONUMENT VIEW sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 15 MONUMENT VIEW, 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 15 MONUMENT VIEW). 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 15 MONUMENT VIEW?

15 MONUMENT VIEW is located in NEW PENSHAW, in the DH4 postcode district. The below map shows the position of No. 15 on MONUMENT VIEW.