31, GREENBANK DRIVE, SUNDERLAND, SR4 0JX - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 GREENBANK DRIVE is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £165,000 in December 2021, which was around 33% below the average December 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

31 GREENBANK DRIVE Sold Prices

Land registry data shows three sales for 31 GREENBANK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the three 31 GREENBANK DRIVE 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
2021 9 DEC	£165,000	£245,609	33% below HPI
2005 4 DEC	£180,000	£196,277	8% below HPI
1999 30 JUN	£65,000	£85,394	24% below HPI

31 GREENBANK DRIVE 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 three 31 GREENBANK DRIVE sales between June 1999 and December 2021 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 31 GREENBANK DRIVE?

31 GREENBANK DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 31 GREENBANK DRIVE lies on this distribution: 40% of detached houses are smaller than 31 GREENBANK DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

31 GREENBANK DRIVE: Plot and Title Map

31 GREENBANK DRIVE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 31 GREENBANK DRIVE, 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 31 GREENBANK DRIVE). 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 31 GREENBANK DRIVE?

31 GREENBANK DRIVE is located in SUNDERLAND, in the SR4 postcode district. The below map shows the position of No. 31 on GREENBANK DRIVE.