5, MONKSFIELD CLOSE, SUNDERLAND, SR3 2SB - £215,000

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

5 MONKSFIELD CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £215,000 in April 2021, which was around 6% below the average April 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

5 MONKSFIELD CLOSE Sold Prices

Land registry data shows three sales for 5 MONKSFIELD CLOSE 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 5 MONKSFIELD CLOSE 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 6 APR	£215,000	£229,223	6% below HPI
2015 26 JAN	£153,000	£189,768	19% below HPI
2006 1 JUN	£177,000	£202,851	13% below HPI

5 MONKSFIELD CLOSE 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 5 MONKSFIELD CLOSE sales between June 2006 and April 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 January 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 MONKSFIELD CLOSE?

5 MONKSFIELD CLOSE is 73m² according to the EPC inspection conducted in July 2014. 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 5 MONKSFIELD CLOSE lies on this distribution: 7% of detached houses are smaller than 5 MONKSFIELD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

5 MONKSFIELD CLOSE: Plot and Title Map

5 MONKSFIELD CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 MONKSFIELD CLOSE, 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 5 MONKSFIELD CLOSE). 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 5 MONKSFIELD CLOSE?

5 MONKSFIELD CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 5 on MONKSFIELD CLOSE.