6, MONUMENT VIEW, NEW PENSHAW, HOUGHTON LE SPRING, DH4 7JN - £166,000

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

6 MONUMENT VIEW is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £166,000 in February 2014, which was around 12% below the average February 2014 detached price in the Sunderland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

6 MONUMENT VIEW Sold Prices

Land registry data shows three sales for 6 MONUMENT VIEW 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 6 MONUMENT VIEW 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
2014 7 FEB	£166,000	£189,383	12% below HPI
2001 18 MAY	£70,000	£95,631	27% below HPI
1995 4 AUG	£51,500	£73,535	30% below HPI

6 MONUMENT VIEW 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 6 MONUMENT VIEW sales between August 1995 and February 2014 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 6 MONUMENT VIEW?

6 MONUMENT VIEW is 116m² according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Penshaw, and where 6 MONUMENT VIEW lies on this distribution: 56% of detached houses are smaller than 6 MONUMENT VIEW, and 44% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

6 MONUMENT VIEW: Plot and Title Map

6 MONUMENT VIEW sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 6 MONUMENT VIEW, 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 6 MONUMENT VIEW). 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 6 MONUMENT VIEW?

6 MONUMENT VIEW is located in NEW PENSHAW, in the DH4 postcode district. The below map shows the position of No. 6 on MONUMENT VIEW.