3, GREENSTEM WAY, RYHOPE, SUNDERLAND, SR2 0FP - £355,000

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

3 GREENSTEM WAY is a large detached house of 135m². It was last sold for £355,000 in November 2022, which was around 37% above the average November 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

3 GREENSTEM WAY Sold Prices

Land registry data shows two sales for 3 GREENSTEM WAY 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 3 GREENSTEM WAY 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
2022 25 NOV	£355,000	£259,069	37% above HPI
2021 19 MAR	£347,995	£226,562	54% above HPI

3 GREENSTEM WAY 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 3 GREENSTEM WAY sales from March 2021 and November 2022 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 March 2021 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2022 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 3 GREENSTEM WAY?

3 GREENSTEM WAY is 135m² according to the EPC inspection conducted in July 2020. 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 3 GREENSTEM WAY lies on this distribution: 74% of detached houses are smaller than 3 GREENSTEM WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

3 GREENSTEM WAY: Plot and Title Map

3 GREENSTEM WAY sits on a plot of roughly 23.8 acres, or 96,317m². The below map shows the location of 3 GREENSTEM WAY, 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 3 GREENSTEM WAY). 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 3 GREENSTEM WAY?

3 GREENSTEM WAY is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 3 on GREENSTEM WAY.