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 SOUTHLEIGH is a very small flat of 60m², built sometime between 1983 and 1990. It was last sold for £155,000 in December 2023, which was around 56% below the average December 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 1 SOUTHLEIGH since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 1 SOUTHLEIGH 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 |
---|---|---|---|
2023 18 DEC | £155,000 | £353,861 | 56% below HPI |
1999 5 FEB | £42,000 | £84,926 | 51% below HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 1 SOUTHLEIGH sales from February 1999 and December 2023 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 February 1999 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2023 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.
1 SOUTHLEIGH is 60m² according to the EPC inspection conducted in December 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 SOUTHLEIGH lies on this distribution: 1% of detached houses are smaller than 1 SOUTHLEIGH, and 98% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.
1 SOUTHLEIGH sits on a plot of roughly 22.3 acres, or 90,305m². The below map shows the location of 1 SOUTHLEIGH, 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 SOUTHLEIGH). 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.
1 SOUTHLEIGH is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 1 on SOUTHLEIGH.