40, GREENMOUNT, HOUGHTON LE SPRING, DH4 5FB - £165,000

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

40 GREENMOUNT is a very small extended detached house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £212,039. It was last sold for £165,000 in January 2007, which was around 18% below the average January 2007 detached price in the Sunderland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

40 GREENMOUNT Sold Prices

Land registry data shows two sales for 40 GREENMOUNT 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 40 GREENMOUNT 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
2007 24 JAN	£165,000	£200,082	18% below HPI
2004 26 MAR	£146,950	£148,831	1% below HPI

40 GREENMOUNT 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 40 GREENMOUNT sales from March 2004 and January 2007 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 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2007 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 40 GREENMOUNT be worth now?

40 GREENMOUNT might now be worth an estimated £212,039.

This is based on house price inflation of 28.5%, between January 2007 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 28.5% inflationary increase is applied to the most recent sale price for 40 GREENMOUNT of £165,000 on 24th January 2007. For the value to have increased from £165,000 to £212,039 over the sixteen years and one month to December 2024, the following assumptions must hold true:

• The value of 40 GREENMOUNT has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The January 2007 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 40 GREENMOUNT has not materially changed since January 2007.

How Large is 40 GREENMOUNT?

40 GREENMOUNT is 84m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses houses in High Dubmire, based on EPC data. The below chart shows the distribution of detached houses houses by size in High Dubmire, and where 40 GREENMOUNT lies on this distribution: 14% of detached houses houses are smaller than 40 GREENMOUNT, and 84% of houses are larger. Note that EPC data is not available for all properties in High Dubmire.

40 GREENMOUNT: Plot and Title Map

40 GREENMOUNT sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 40 GREENMOUNT, 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 40 GREENMOUNT). 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 40 GREENMOUNT?

40 GREENMOUNT is located in HOUGHTON LE SPRING, in the DH4 postcode district. The below map shows the position of No. 40 on GREENMOUNT.