56, GREENBANK DRIVE, SUNDERLAND, SR4 0JX - £295,000

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

56 GREENBANK DRIVE is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £295,000 in September 2023, which was around 12% above the average September 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

56 GREENBANK DRIVE Sold Prices

Land registry data shows two sales for 56 GREENBANK DRIVE 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 56 GREENBANK DRIVE sales 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
2023 18 SEP	£295,000	£264,024	12% above HPI
2003 15 JUL	£165,000	£145,798	13% above HPI

56 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 two 56 GREENBANK DRIVE sales from July 2003 and September 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 July 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2023 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 56 GREENBANK DRIVE?

56 GREENBANK DRIVE is 133m², which includes four extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 56 GREENBANK DRIVE lies on this distribution: 73% of detached houses are smaller than 56 GREENBANK DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

56 GREENBANK DRIVE: Plot and Title Map

56 GREENBANK DRIVE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 56 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 56 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 56 GREENBANK DRIVE?

56 GREENBANK DRIVE is located in SUNDERLAND, in the SR4 postcode district. The below map shows the position of No. 56 on GREENBANK DRIVE.