118, GARDNER PARK, NORTH SHIELDS, NE29 0EB - £176,000

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

118 GARDNER PARK is a very small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £176,000 in June 2007, which was around 29% below the average June 2007 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

118 GARDNER PARK Sold Prices

Land registry data shows two sales for 118 GARDNER PARK 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 118 GARDNER PARK 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
2007 4 JUN	£176,000	£248,048	29% below HPI
2004 23 APR	£149,000	£194,618	23% below HPI

118 GARDNER PARK 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 118 GARDNER PARK sales from April 2004 and June 2007 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 April 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2007 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 118 GARDNER PARK?

118 GARDNER PARK is 81m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 118 GARDNER PARK lies on this distribution: 13% of detached houses are smaller than 118 GARDNER PARK, and 86% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

118 GARDNER PARK: Plot and Title Map

118 GARDNER PARK sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 118 GARDNER 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 118 GARDNER 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 118 GARDNER PARK?

118 GARDNER PARK is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 118 on GARDNER PARK.