1, THE ACRES, WALLSEND, NE28 7RQ - £220,000

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 THE ACRES is a small detached house of 92m². It was last sold for £220,000 in October 2020, which was around 28% below the average October 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

1 THE ACRES Sold Prices

Land registry data shows two sales for 1 THE ACRES since 1^st 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 THE ACRES 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 9 OCT	£220,000	£306,085	28% below HPI
2015 23 JAN	£209,995	£250,069	16% below HPI

1 THE ACRES 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 two 1 THE ACRES sales from January 2015 and October 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 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 THE ACRES?

1 THE ACRES is 92m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 1 THE ACRES lies on this distribution: 37% of detached houses are smaller than 1 THE ACRES, and 63% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

1 THE ACRES: Plot and Title Map

1 THE ACRES sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 1 THE ACRES, 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 THE ACRES). 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 THE ACRES?

1 THE ACRES is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 1 on THE ACRES.