3, MONUMENT VIEW, NEW PENSHAW, HOUGHTON LE SPRING, DH4 7JN - £230,000

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

3 MONUMENT VIEW is a large semi-detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £236,332. It was last sold for £230,000 in November 2023, which was around 58% above the average November 2023 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

3 MONUMENT VIEW Sold Prices

Land registry data shows two sales for 3 MONUMENT VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 3 MONUMENT VIEW 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
2023 24 NOV	£230,000	£145,481	58% above HPI
2002 30 AUG	£110,000	£58,807	87% above HPI

3 MONUMENT VIEW Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sunderland local authority area over time, sourced from the HPI. The two 3 MONUMENT VIEW sales from August 2002 and November 2023 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 August 2002 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the November 2023 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 3 MONUMENT VIEW be worth now?

3 MONUMENT VIEW might now be worth an estimated £236,332.

This is based on house price inflation of 2.8%, between November 2023 and December 2024, for semi-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 2.8% inflationary increase is applied to the most recent sale price for 3 MONUMENT VIEW of £230,000 on 24th November 2023. For the value to have increased from £230,000 to £236,332 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 3 MONUMENT VIEW has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The November 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MONUMENT VIEW has not materially changed since November 2023.

How Large is 3 MONUMENT VIEW?

3 MONUMENT VIEW is 128m² according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of semi-detached houses houses in Penshaw, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penshaw, and where 3 MONUMENT VIEW lies on this distribution: 68% of semi-detached houses houses are smaller than 3 MONUMENT VIEW, and 31% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

3 MONUMENT VIEW: Plot and Title Map

3 MONUMENT VIEW sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 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 3 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 3 MONUMENT VIEW?

3 MONUMENT VIEW is located in NEW PENSHAW, in the DH4 postcode district. The below map shows the position of No. 3 on MONUMENT VIEW.