12, PRINCEWAY, NORTH SHIELDS, NE30 4NE - £305,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 PRINCEWAY is a midsized extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £305,000 in June 2010, which was around 31% above the average June 2010 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

12 PRINCEWAY Sold Prices

Land registry data shows three sales for 12 PRINCEWAY 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 12 PRINCEWAY 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
2010 8 JUN	£305,000	£233,496	31% above HPI
2003 22 JUL	£225,000	£171,456	31% above HPI
1999 12 OCT	£120,000	£93,852	28% above HPI

12 PRINCEWAY 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 12 PRINCEWAY sales between October 1999 and June 2010 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 July 2003 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2010 sale, which was also at 31% above the HPI.

How Large is 12 PRINCEWAY?

12 PRINCEWAY is 115m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 12 PRINCEWAY lies on this distribution: 52% of detached houses are smaller than 12 PRINCEWAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

12 PRINCEWAY: Plot and Title Map

12 PRINCEWAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 12 PRINCEWAY, 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 PRINCEWAY). 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 PRINCEWAY?

12 PRINCEWAY is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 12 on PRINCEWAY.