8, GREENFINCH ROAD, EASINGTON LANE, HOUGHTON LE SPRING, DH5 0GG - £140,000

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

8 GREENFINCH ROAD is a very small extended detached house of 83m², built sometime from 2012 onwards. It was last sold for £140,000 in July 2019, which was around 34% below the average July 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

8 GREENFINCH ROAD Sold Prices

Land registry data shows two sales for 8 GREENFINCH ROAD 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 8 GREENFINCH ROAD 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
2019 15 JUL	£140,000	£211,251	34% below HPI
2014 24 JAN	£140,995	£189,232	25% below HPI

8 GREENFINCH ROAD 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 8 GREENFINCH ROAD sales from January 2014 and July 2019 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 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 GREENFINCH ROAD?

8 GREENFINCH ROAD is 83m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Easington Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Easington Lane, and where 8 GREENFINCH ROAD lies on this distribution: 11% of detached houses are smaller than 8 GREENFINCH ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Easington Lane.

8 GREENFINCH ROAD: Plot and Title Map

8 GREENFINCH ROAD sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 8 GREENFINCH ROAD, 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 8 GREENFINCH ROAD). 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 8 GREENFINCH ROAD?

8 GREENFINCH ROAD is located in EASINGTON LANE, in the DH5 postcode district. The below map shows the position of No. 8 on GREENFINCH ROAD.