50, GREENBANK DRIVE, SUNDERLAND, SR4 0JX - £195,000

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

50 GREENBANK DRIVE is a large detached house of 119m², built sometime between 1967 and 1975. It was last sold for £195,000 in October 2008, which was around 5% below the average October 2008 detached price in the Sunderland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

50 GREENBANK DRIVE Sold Prices

Land registry data shows four sales for 50 GREENBANK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. two of the four 50 GREENBANK DRIVE sales were for below the average price, and four were for above 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
2008 8 OCT	£195,000	£204,770	5% below HPI
2004 6 APR	£172,500	£160,275	8% above HPI
2002 5 JUL	£127,000	£111,432	14% above HPI
1999 29 OCT	£72,000	£88,328	18% below HPI

50 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 four 50 GREENBANK DRIVE sales between October 1999 and October 2008 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 April 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2008 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 50 GREENBANK DRIVE?

50 GREENBANK DRIVE is 119m² according to the EPC inspection conducted in December 2018. This puts it in the largest 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 50 GREENBANK DRIVE lies on this distribution: 61% of detached houses are smaller than 50 GREENBANK DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

50 GREENBANK DRIVE: Plot and Title Map

50 GREENBANK DRIVE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 50 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 50 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 50 GREENBANK DRIVE?

50 GREENBANK DRIVE is located in SUNDERLAND, in the SR4 postcode district. The below map shows the position of No. 50 on GREENBANK DRIVE.