24, MONUMENT VIEW, NEW PENSHAW, HOUGHTON LE SPRING, DH4 7JN - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 MONUMENT VIEW is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £200,000 in December 2020, which was around 10% below the average December 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

24 MONUMENT VIEW Sold Prices

Land registry data shows two sales for 24 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 24 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
2020 23 DEC	£200,000	£221,273	10% below HPI
2019 24 MAY	£200,000	£212,735	6% below HPI

24 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 24 MONUMENT VIEW sales from May 2019 and December 2020 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 May 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 24 MONUMENT VIEW?

24 MONUMENT VIEW is 125m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Penshaw, and where 24 MONUMENT VIEW lies on this distribution: 64% of detached houses are smaller than 24 MONUMENT VIEW, and 35% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

24 MONUMENT VIEW: Plot and Title Map

24 MONUMENT VIEW sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 24 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 24 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 24 MONUMENT VIEW?

24 MONUMENT VIEW is located in NEW PENSHAW, in the DH4 postcode district. The below map shows the position of No. 24 on MONUMENT VIEW.