140, ABBOTS WAY, NORTH SHIELDS, NE29 8LY - £475,000

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.

140 ABBOTS WAY is a very large extended detached house of 151m², built sometime between 1991 and 1995, which could now be worth an estimated £493,772. It was last sold for £475,000 in September 2023, which was around 33% above the average September 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

140 ABBOTS WAY Sold Prices

Land registry data shows three sales for 140 ABBOTS 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 North Tyneside local authority area for the corresponding sale date. All of the three 140 ABBOTS WAY 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
2023 15 SEP	£475,000	£358,470	33% above HPI
2011 5 DEC	£295,000	£220,212	34% above HPI
1995 1 DEC	£125,000	£77,644	61% above HPI

140 ABBOTS WAY 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 140 ABBOTS WAY sales between December 1995 and September 2023 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 2011 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2023 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 140 ABBOTS WAY be worth now?

140 ABBOTS WAY might now be worth an estimated £493,772.

This is based on house price inflation of 4%, between September 2023 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 4% inflationary increase is applied to the most recent sale price for 140 ABBOTS WAY of £475,000 on 15th September 2023. For the value to have increased from £475,000 to £493,772 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 140 ABBOTS WAY has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The September 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 140 ABBOTS WAY has not materially changed since September 2023.

How Large is 140 ABBOTS WAY?

140 ABBOTS WAY is 151m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where 140 ABBOTS WAY lies on this distribution: 83% of detached houses houses are smaller than 140 ABBOTS WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

140 ABBOTS WAY: Plot and Title Map

140 ABBOTS WAY sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 140 ABBOTS 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 140 ABBOTS 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 140 ABBOTS WAY?

140 ABBOTS WAY is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 140 on ABBOTS WAY.