5, MONTEREY, WASHINGTON, NE37 2RG - £172,000

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

5 MONTEREY is a very small detached house of 48m², built sometime between 1976 and 1982. It was last sold for £172,000 in January 2023, which was around 33% below the average January 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

5 MONTEREY Sold Prices

Land registry data shows two sales for 5 MONTEREY 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 5 MONTEREY 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
2023 26 JAN	£172,000	£254,888	33% below HPI
2002 25 JAN	£81,000	£102,325	21% below HPI

5 MONTEREY 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 5 MONTEREY sales from January 2002 and January 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 January 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 MONTEREY?

5 MONTEREY is 48m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 5 MONTEREY lies on this distribution: Less than 1% of detached houses are smaller than 5 MONTEREY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Washington.

5 MONTEREY: Plot and Title Map

5 MONTEREY sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 5 MONTEREY, 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 MONTEREY). 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 MONTEREY?

5 MONTEREY is located in WASHINGTON, in the NE37 postcode district. The below map shows the position of No. 5 on MONTEREY.