118, LYNWOOD WAY, SOUTH SHIELDS, NE34 8DB - £258,000

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 LYNWOOD WAY is a small detached house of 91m². It was last sold for £258,000 in November 2023, which was around 11% below the average November 2023 detached price in the South Tyneside local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was A.

118 LYNWOOD WAY Sold Prices

Land registry data shows three sales for 118 LYNWOOD WAY 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. All of the three 118 LYNWOOD WAY 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
2023 3 NOV	£258,000	£289,436	11% below HPI
2022 27 MAY	£230,000	£272,711	16% below HPI
2014 28 NOV	£174,995	£215,750	19% below HPI

118 LYNWOOD WAY 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 118 LYNWOOD WAY sales between November 2014 and November 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 May 2022 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 118 LYNWOOD WAY?

118 LYNWOOD WAY is 91m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 118 LYNWOOD WAY lies on this distribution: 26% of detached houses are smaller than 118 LYNWOOD WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in South Shields.

118 LYNWOOD WAY: Plot and Title Map

118 LYNWOOD WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 118 LYNWOOD 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 118 LYNWOOD 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.

Where is 118 LYNWOOD WAY?

118 LYNWOOD WAY is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 118 on LYNWOOD WAY.