1, STOBSWOOD CLOSE, WHITLEY BAY, NE25 9GA - £455,000

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 STOBSWOOD CLOSE is a very large detached house of 222m², which could now be worth an estimated £632,243. It was last sold for £455,000 in June 2017, which was around 70% above the average June 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

1 STOBSWOOD CLOSE Sold Prices

Land registry data shows three sales for 1 STOBSWOOD CLOSE 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 STOBSWOOD 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
2017 27 JUN	£455,000	£268,172	70% above HPI
2017 23 JUN	£520,000	£268,172	94% above HPI
2014 17 OCT	£490,000	£246,817	99% above HPI

1 STOBSWOOD CLOSE 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 STOBSWOOD CLOSE sales between October 2014 and June 2017 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 June 2017 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the June 2017 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 1 STOBSWOOD CLOSE be worth now?

1 STOBSWOOD CLOSE might now be worth an estimated £632,243.

This is based on house price inflation of 39%, between June 2017 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 39% inflationary increase is applied to the most recent sale price for 1 STOBSWOOD CLOSE of £455,000 on 27th June 2017. For the value to have increased from £455,000 to £632,243 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 1 STOBSWOOD CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2017 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 1 STOBSWOOD CLOSE has not materially changed since June 2017.

How Large is 1 STOBSWOOD CLOSE?

1 STOBSWOOD CLOSE is 222m² according to the EPC inspection conducted in October 2014. This puts it in the largest 10% 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 STOBSWOOD CLOSE lies on this distribution: 94% of detached houses houses are smaller than 1 STOBSWOOD CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

1 STOBSWOOD CLOSE: Plot and Title Map

1 STOBSWOOD CLOSE sits on a plot of roughly 28.3 acres, or 114,483m². The below map shows the location of 1 STOBSWOOD 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 STOBSWOOD 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 STOBSWOOD CLOSE?

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