1, PERCY TERRACE, WHITLEY BAY, NE25 8DT - £155,000

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 PERCY TERRACE is a very small extended detached house of 95m², built sometime before 1900, which could now be worth an estimated £190,718. It was last sold for £155,000 in November 2020, which was around 49% below the average November 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

1 PERCY TERRACE Sold Prices

Land registry data shows three sales for 1 PERCY TERRACE 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 PERCY TERRACE 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
2020 4 NOV	£155,000	£302,849	49% below HPI
2003 24 JAN	£115,000	£149,212	23% below HPI
1996 20 DEC	£47,500	£75,849	37% below HPI

1 PERCY TERRACE 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 PERCY TERRACE sales between December 1996 and November 2020 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 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 1 PERCY TERRACE be worth now?

1 PERCY TERRACE might now be worth an estimated £190,718.

This is based on house price inflation of 23%, between November 2020 and February 2025, for 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 23% inflationary increase is applied to the most recent sale price for 1 PERCY TERRACE of £155,000 on 4th November 2020. For the value to have increased from £155,000 to £190,718 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 PERCY TERRACE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The November 2020 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PERCY TERRACE has not materially changed since November 2020.

How Large is 1 PERCY TERRACE?

1 PERCY TERRACE is 95m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 1 PERCY TERRACE lies on this distribution: 14% of detached houses houses are smaller than 1 PERCY TERRACE, and 85% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

1 PERCY TERRACE: Plot and Title Map

1 PERCY TERRACE sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of 1 PERCY TERRACE, 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 PERCY TERRACE). 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 PERCY TERRACE?

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