12, THE CHESTERS, WHITLEY BAY, NE25 9UA - £391,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 THE CHESTERS is a large extended detached house of 165m², built sometime between 1983 and 1990, which could now be worth an estimated £477,095. It was last sold for £391,000 in July 2021, which was around 28% above the average July 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

12 THE CHESTERS Sold Prices

Land registry data shows five sales for 12 THE CHESTERS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the five 12 THE CHESTERS 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
2021 2 JUL	£391,000	£305,392	28% above HPI
2006 29 NOV	£320,000	£236,490	35% above HPI
2004 19 AUG	£245,000	£218,584	12% above HPI
2003 13 FEB	£180,000	£145,524	24% above HPI
2000 18 DEC	£122,000	£95,886	27% above HPI

12 THE CHESTERS 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 five 12 THE CHESTERS sales between December 2000 and July 2021 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 November 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 12 THE CHESTERS be worth now?

12 THE CHESTERS might now be worth an estimated £477,095.

This is based on house price inflation of 22%, between July 2021 and February 2025, for 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 22% inflationary increase is applied to the most recent sale price for 12 THE CHESTERS of £391,000 on 2nd July 2021. For the value to have increased from £391,000 to £477,095 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 12 THE CHESTERS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2021 sale price of £391,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE CHESTERS has not materially changed since July 2021.

How Large is 12 THE CHESTERS?

12 THE CHESTERS is 165m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 12 THE CHESTERS lies on this distribution: 75% of detached houses houses are smaller than 12 THE CHESTERS, and 23% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

12 THE CHESTERS: Plot and Title Map

12 THE CHESTERS sits on a plot of roughly 119.5 acres, or 483,555m². The below map shows the location of 12 THE CHESTERS, 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 THE CHESTERS). 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 THE CHESTERS?

12 THE CHESTERS is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 12 on THE CHESTERS.