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
11 WOLLASTON WAY is a small detached house of 103m². It was last sold for £355,000 in August 2023, which was around 22% above the average August 2023 detached price in the South Tyneside local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 11 WOLLASTON WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. One of the two 11 WOLLASTON WAY sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 15 AUG | £355,000 | £290,592 | 22% above HPI |
2019 21 JUN | £245,000 | £247,641 | 1% below HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 11 WOLLASTON WAY sales from June 2019 and August 2023 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 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
11 WOLLASTON WAY is 103m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 11 WOLLASTON WAY lies on this distribution: 39% of detached houses are smaller than 11 WOLLASTON WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Hebburn.
11 WOLLASTON WAY sits on a plot of roughly 6.3 acres, or 25,539m². The below map shows the location of 11 WOLLASTON WAY, 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 WOLLASTON WAY). 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.
11 WOLLASTON WAY is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 11 on WOLLASTON WAY.