5, MONKSFIELD CLOSE, SUNDERLAND, SR3 2SB - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MONKSFIELD CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £257,723. It was last sold for £215,000 in April 2021, which was around 1% below the average April 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

5 MONKSFIELD CLOSE Sold Prices

Land registry data shows three sales for 5 MONKSFIELD CLOSE 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 5 MONKSFIELD CLOSE 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
2021 6 APR	£215,000	£216,977	1% below HPI
2015 26 JAN	£153,000	£179,630	15% below HPI
2006 1 JUN	£177,000	£192,014	8% below HPI

5 MONKSFIELD CLOSE 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 5 MONKSFIELD CLOSE sales between June 2006 and April 2021 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 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 MONKSFIELD CLOSE be worth now?

5 MONKSFIELD CLOSE might now be worth an estimated £257,723.

This is based on house price inflation of 19.9%, between April 2021 and June 2025, for detached houses, in the Sunderland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.9% inflationary increase is applied to the most recent sale price for 5 MONKSFIELD CLOSE of £215,000 on 6th April 2021. For the value to have increased from £215,000 to £257,723 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 5 MONKSFIELD CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The April 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONKSFIELD CLOSE has not materially changed since April 2021.

How Large is 5 MONKSFIELD CLOSE?

5 MONKSFIELD CLOSE is 73m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sunderland, and where 5 MONKSFIELD CLOSE lies on this distribution: 7% of detached houses houses are smaller than 5 MONKSFIELD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

5 MONKSFIELD CLOSE: Plot and Title Map

5 MONKSFIELD CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 MONKSFIELD CLOSE, 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 MONKSFIELD CLOSE). 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 MONKSFIELD CLOSE?

5 MONKSFIELD CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 5 on MONKSFIELD CLOSE.