1, GRINDON CLOSE, WHITLEY BAY, NE25 9EB - £308,000

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.

1 GRINDON CLOSE is a very small semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £322,708. It was last sold for £308,000 in December 2022, which was around 44% above the average December 2022 semi-detached price in the North Tyneside 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.

1 GRINDON CLOSE Sold Prices

Land registry data shows two sales for 1 GRINDON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 1 GRINDON CLOSE sales were for above 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
2022 2 DEC	£308,000	£213,342	44% above HPI
2014 16 SEP	£177,500	£146,434	21% above HPI

1 GRINDON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 1 GRINDON CLOSE sales from September 2014 and December 2022 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 September 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2022 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 1 GRINDON CLOSE be worth now?

1 GRINDON CLOSE might now be worth an estimated £322,708.

This is based on house price inflation of 4.8%, between December 2022 and February 2025, for semi-detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.8% inflationary increase is applied to the most recent sale price for 1 GRINDON CLOSE of £308,000 on 2nd December 2022. For the value to have increased from £308,000 to £322,708 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 GRINDON CLOSE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The December 2022 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRINDON CLOSE has not materially changed since December 2022.

How Large is 1 GRINDON CLOSE?

1 GRINDON CLOSE is 86m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of semi-detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whitley Bay, and where 1 GRINDON CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 1 GRINDON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

1 GRINDON CLOSE: Plot and Title Map

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

1 GRINDON CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 1 on GRINDON CLOSE.