1, GROSVENOR DRIVE, WHITLEY BAY, NE26 2JP - £501,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GROSVENOR DRIVE is a large semi-detached house of 156m², built sometime between 1930 and 1949, which could now be worth an estimated £583,553. It was last sold for £501,000 in November 2021, which was around 161% above the average November 2021 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

1 GROSVENOR DRIVE Sold Prices

Land registry data shows four sales for 1 GROSVENOR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 1 GROSVENOR DRIVE 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
2021 5 NOV	£501,000	£191,908	161% above HPI
2015 29 APR	£268,000	£148,419	81% above HPI
2010 2 JUL	£160,000	£137,879	16% above HPI
2007 28 SEP	£175,000	£151,563	15% above HPI

1 GROSVENOR DRIVE 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 four 1 GROSVENOR DRIVE sales between September 2007 and November 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 April 2015 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the November 2021 sale, where it rises to 161% above the HPI. The line then continues to track at 161% above the HPI.

What might 1 GROSVENOR DRIVE be worth now?

1 GROSVENOR DRIVE might now be worth an estimated £583,553.

This is based on house price inflation of 16.5%, between November 2021 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 16.5% inflationary increase is applied to the most recent sale price for 1 GROSVENOR DRIVE of £501,000 on 5th November 2021. For the value to have increased from £501,000 to £583,553 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 GROSVENOR DRIVE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The November 2021 sale price of £501,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GROSVENOR DRIVE has not materially changed since November 2021.

How Large is 1 GROSVENOR DRIVE?

1 GROSVENOR DRIVE is 156m² according to the EPC inspection conducted in September 2013. This puts it in the largest 30% 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 GROSVENOR DRIVE lies on this distribution: 71% of semi-detached houses houses are smaller than 1 GROSVENOR DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

1 GROSVENOR DRIVE: Plot and Title Map

1 GROSVENOR DRIVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 1 GROSVENOR DRIVE, 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 GROSVENOR DRIVE). 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 GROSVENOR DRIVE?

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