41, GREENBANK DRIVE, SUNDERLAND, SR4 0JX - £150,000

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

41 GREENBANK DRIVE is a very small extended detached house of 54m², built sometime between 1950 and 1966. It was last sold for £150,000 in October 2016, which was around 26% below the average October 2016 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

41 GREENBANK DRIVE Sold Prices

Land registry data shows three sales for 41 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 41 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
2016 21 OCT	£150,000	£203,983	26% below HPI
2012 25 MAY	£124,999	£184,909	32% below HPI
2011 30 SEP	£100,000	£193,939	48% below HPI

41 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 41 GREENBANK DRIVE sales between September 2011 and October 2016 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 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 41 GREENBANK DRIVE?

41 GREENBANK DRIVE is 54m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 41 GREENBANK DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 41 GREENBANK DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

41 GREENBANK DRIVE: Plot and Title Map

41 GREENBANK DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 41 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 41 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 41 GREENBANK DRIVE?

41 GREENBANK DRIVE is located in SUNDERLAND, in the SR4 postcode district. The below map shows the position of No. 41 on GREENBANK DRIVE.