13, BASIL WAY, SOUTH SHIELDS, NE34 8UA - £195,000

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

13 BASIL WAY is a midsized detached house of 104m², built sometime between 1976 and 1982. It was last sold for £195,000 in October 2014, which was around 8% below the average October 2014 detached price in the South Tyneside local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

13 BASIL WAY Sold Prices

Land registry data shows three sales for 13 BASIL 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. Two of the three 13 BASIL WAY sales were for below the average price, whilst one 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
2014 24 OCT	£195,000	£212,877	8% below HPI
2006 22 MAR	£235,000	£204,493	15% above HPI
2004 15 SEP	£200,000	£203,276	2% below HPI

13 BASIL 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 13 BASIL WAY sales between September 2004 and October 2014 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 March 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 13 BASIL WAY?

13 BASIL WAY is 104m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% 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 13 BASIL WAY lies on this distribution: 43% of detached houses are smaller than 13 BASIL WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in South Shields.

13 BASIL WAY: Plot and Title Map

13 BASIL WAY sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 13 BASIL 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 13 BASIL 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 13 BASIL WAY?

13 BASIL WAY is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 13 on BASIL WAY.