1, WATERSIDE PARK, HEBBURN, NE31 1RS - £224,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WATERSIDE PARK is a midsized detached house of 105m², built sometime between 1991 and 1995. It was last sold for £224,950 in July 2017, which was around 3% below the average July 2017 detached price in the South Tyneside local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

1 WATERSIDE PARK Sold Prices

Land registry data shows three sales for 1 WATERSIDE PARK 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. One of the three 1 WATERSIDE PARK sales was for below the average price, whilst two 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 28 JUL	£224,950	£232,830	3% below HPI
2004 17 SEP	£215,000	£206,440	4% above HPI
2000 6 OCT	£115,000	£104,688	10% above HPI

1 WATERSIDE PARK 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 WATERSIDE PARK sales between October 2000 and July 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 September 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 WATERSIDE PARK be worth now?

1 WATERSIDE PARK might now be worth an estimated £293,822.

This is based on house price inflation of 30.6%, between July 2017 and December 2024, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 1 WATERSIDE PARK of £224,950 on 28th July 2017. For the value to have increased from £224,950 to £293,822 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 WATERSIDE PARK has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The July 2017 sale price of £224,950 represented a fair market value for the property.
• The size, condition, and specification of 1 WATERSIDE PARK has not materially changed since July 2017.

How Large is 1 WATERSIDE PARK?

1 WATERSIDE PARK is 105m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hebburn, and where 1 WATERSIDE PARK lies on this distribution: 44% of detached houses houses are smaller than 1 WATERSIDE PARK, and 56% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

1 WATERSIDE PARK: Plot and Title Map

1 WATERSIDE PARK sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 1 WATERSIDE PARK, 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 WATERSIDE PARK). 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 WATERSIDE PARK?

1 WATERSIDE PARK is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 1 on WATERSIDE PARK.