14, PENROSE PLACE, HEBBURN, NE31 2AY - £285,000

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

14 PENROSE PLACE is a midsized detached house of 112m². It was last sold for £285,000 in March 2022, which was around 8% above the average March 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

14 PENROSE PLACE Sold Prices

Land registry data shows two sales for 14 PENROSE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 14 PENROSE PLACE 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
2022 4 MAR	£285,000	£265,033	8% above HPI
2016 1 DEC	£254,995	£228,571	12% above HPI

14 PENROSE PLACE 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 two 14 PENROSE PLACE sales from December 2016 and March 2022 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 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 14 PENROSE PLACE?

14 PENROSE PLACE is 112m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 14 PENROSE PLACE lies on this distribution: 54% of detached houses are smaller than 14 PENROSE PLACE, and 40% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

14 PENROSE PLACE: Plot and Title Map

14 PENROSE PLACE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 14 PENROSE PLACE, 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 14 PENROSE PLACE). 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 14 PENROSE PLACE?

14 PENROSE PLACE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 14 on PENROSE PLACE.