1, DAVY CLOSE, HEBBURN, NE31 1TG - £148,000

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

1 DAVY CLOSE is a very small detached house of 72m². It was last sold for £148,000 in October 2018, which was around 39% below the average October 2018 detached price in the South Tyneside local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

1 DAVY CLOSE Sold Prices

Land registry data shows two sales for 1 DAVY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 1 DAVY 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
2018 24 OCT	£148,000	£244,204	39% below HPI
2014 28 MAR	£138,995	£202,126	31% below HPI

1 DAVY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 1 DAVY CLOSE sales from March 2014 and October 2018 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 March 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 DAVY CLOSE?

1 DAVY CLOSE is 72m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 1 DAVY CLOSE lies on this distribution: 2% of detached houses are smaller than 1 DAVY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

1 DAVY CLOSE: Plot and Title Map

1 DAVY CLOSE sits on a plot of roughly 9.8 acres, or 39,487m². The below map shows the location of 1 DAVY 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 1 DAVY 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 1 DAVY CLOSE?

1 DAVY CLOSE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 1 on DAVY CLOSE.