1, REDWELL COURT, SOUTH SHIELDS, NE34 7JY - £235,000

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 REDWELL COURT is a very small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £235,000 in February 2022, which was around 11% below the average February 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

1 REDWELL COURT Sold Prices

Land registry data shows three sales for 1 REDWELL COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 1 REDWELL COURT 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
2022 25 FEB	£235,000	£262,944	11% below HPI
2005 16 DEC	£180,500	£213,266	15% below HPI
2001 16 NOV	£80,000	£112,098	29% below HPI

1 REDWELL COURT 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 three 1 REDWELL COURT sales between November 2001 and February 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 December 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 REDWELL COURT?

1 REDWELL COURT is 87m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 1 REDWELL COURT lies on this distribution: 17% of detached houses are smaller than 1 REDWELL COURT, and 82% of houses are larger. Note that EPC data is not available for all properties in South Shields.

1 REDWELL COURT: Plot and Title Map

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

1 REDWELL COURT is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 1 on REDWELL COURT.