12, EDGE WAY, WALLSEND, NE28 9FH - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 EDGE WAY is a very small semi-detached house of 78m², which could now be worth an estimated £211,176. It was last sold for £215,000 in October 2024, which was around 5% below the average October 2024 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

12 EDGE WAY Sold Prices

Land registry data shows two sales for 12 EDGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. One of the two 12 EDGE WAY sales was for below the average price, whilst the other was 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
2024 30 OCT	£215,000	£226,868	5% below HPI
2018 17 DEC	£199,950	£167,893	19% above HPI

12 EDGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 12 EDGE WAY sales from December 2018 and October 2024 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 December 2018 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 12 EDGE WAY be worth now?

12 EDGE WAY might now be worth an estimated £211,176.

This is based on house price deflation of 1.8%, between October 2024 and December 2024, for semi-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 1.8% deflationary decrease is applied to the most recent sale price for 12 EDGE WAY of £215,000 on 30th October 2024. For the value to have decreased from £215,000 to £211,176 over the ten months to December 2024, the following assumptions must hold true:

• The value of 12 EDGE WAY has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The October 2024 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 12 EDGE WAY has not materially changed since October 2024.

How Large is 12 EDGE WAY?

12 EDGE WAY is 78m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of semi-detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wallsend, and where 12 EDGE WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 12 EDGE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

12 EDGE WAY: Plot and Title Map

12 EDGE WAY sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 12 EDGE 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 12 EDGE 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 12 EDGE WAY?

12 EDGE WAY is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 12 on EDGE WAY.