1, GORSEDENE AVENUE, WHITLEY BAY, NE26 4AJ - £110,000

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 GORSEDENE AVENUE is a very small detached house of 47m², built sometime between 1950 and 1966. It was last sold for £110,000 in February 2005, which was around 50% below the average February 2005 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

1 GORSEDENE AVENUE Sold Prices

Land registry data shows three sales for 1 GORSEDENE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 1 GORSEDENE AVENUE 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
2005 22 FEB	£110,000	£221,506	50% below HPI
2004 23 APR	£55,000	£194,618	72% below HPI
2000 25 OCT	£42,500	£99,298	57% below HPI

1 GORSEDENE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 1 GORSEDENE AVENUE sales between October 2000 and February 2005 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 April 2004 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the February 2005 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 1 GORSEDENE AVENUE?

1 GORSEDENE AVENUE is 47m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 1 GORSEDENE AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 1 GORSEDENE AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

1 GORSEDENE AVENUE: Plot and Title Map

1 GORSEDENE AVENUE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 1 GORSEDENE AVENUE, 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 GORSEDENE AVENUE). 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 GORSEDENE AVENUE?

1 GORSEDENE AVENUE is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 1 on GORSEDENE AVENUE.