11, CHESTERWOOD DRIVE, WALLSEND, NE28 8EP - £142,500

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.

11 CHESTERWOOD DRIVE is a very small detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £237,035. It was last sold for £142,500 in December 2012, which was around 36% below the average December 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

11 CHESTERWOOD DRIVE Sold Prices

Land registry data shows three sales for 11 CHESTERWOOD DRIVE 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 11 CHESTERWOOD DRIVE 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
2012 17 DEC	£142,500	£224,021	36% below HPI
2003 4 SEP	£135,000	£178,059	24% below HPI
1999 17 DEC	£78,000	£91,279	15% below HPI

11 CHESTERWOOD DRIVE 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 11 CHESTERWOOD DRIVE sales between December 1999 and December 2012 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 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 11 CHESTERWOOD DRIVE be worth now?

11 CHESTERWOOD DRIVE might now be worth an estimated £237,035.

This is based on house price inflation of 66.3%, between December 2012 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 66.3% inflationary increase is applied to the most recent sale price for 11 CHESTERWOOD DRIVE of £142,500 on 17th December 2012. For the value to have increased from £142,500 to £237,035 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 11 CHESTERWOOD DRIVE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The December 2012 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 11 CHESTERWOOD DRIVE has not materially changed since December 2012.

How Large is 11 CHESTERWOOD DRIVE?

11 CHESTERWOOD DRIVE is 82m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallsend, and where 11 CHESTERWOOD DRIVE lies on this distribution: 18% of detached houses houses are smaller than 11 CHESTERWOOD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

11 CHESTERWOOD DRIVE: Plot and Title Map

11 CHESTERWOOD DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 11 CHESTERWOOD DRIVE, 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 11 CHESTERWOOD DRIVE). 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 11 CHESTERWOOD DRIVE?

11 CHESTERWOOD DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 11 on CHESTERWOOD DRIVE.