11, MILL DYKE CLOSE, WHITLEY BAY, NE25 9XX - £267,500

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 MILL DYKE CLOSE is a very small detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £396,727. It was last sold for £267,500 in July 2015, which was around 6% above the average July 2015 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

11 MILL DYKE CLOSE Sold Prices

Land registry data shows three sales for 11 MILL DYKE 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 11 MILL DYKE 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
2015 3 JUL	£267,500	£251,257	6% above HPI
2007 23 NOV	£267,500	£250,501	7% above HPI
2004 19 JUL	£217,500	£211,876	3% above HPI

11 MILL DYKE 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 11 MILL DYKE CLOSE sales between July 2004 and July 2015 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 November 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2015 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 11 MILL DYKE CLOSE be worth now?

11 MILL DYKE CLOSE might now be worth an estimated £396,727.

This is based on house price inflation of 48.3%, between July 2015 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 48.3% inflationary increase is applied to the most recent sale price for 11 MILL DYKE CLOSE of £267,500 on 3rd July 2015. For the value to have increased from £267,500 to £396,727 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 11 MILL DYKE CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2015 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 11 MILL DYKE CLOSE has not materially changed since July 2015.

How Large is 11 MILL DYKE CLOSE?

11 MILL DYKE CLOSE is 101m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% 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 11 MILL DYKE CLOSE lies on this distribution: 18% of detached houses houses are smaller than 11 MILL DYKE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

11 MILL DYKE CLOSE: Plot and Title Map

11 MILL DYKE CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 11 MILL DYKE 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 11 MILL DYKE 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 11 MILL DYKE CLOSE?

11 MILL DYKE CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 11 on MILL DYKE CLOSE.