15, THE RIVERSIDE, HEBBURN, NE31 1BG - £560,000

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.

15 THE RIVERSIDE is a very large detached house of 238m², built sometime between 2003 and 2006, which could now be worth an estimated £607,654. It was last sold for £560,000 in September 2022, which was around 100% above the average September 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

15 THE RIVERSIDE Sold Prices

Land registry data shows three sales for 15 THE RIVERSIDE 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. All of the three 15 THE RIVERSIDE 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 16 SEP	£560,000	£280,684	100% above HPI
2016 23 MAR	£385,000	£218,931	76% above HPI
2006 12 MAY	£239,995	£221,768	8% above HPI

15 THE RIVERSIDE 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 15 THE RIVERSIDE sales between May 2006 and September 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 March 2016 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the September 2022 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 15 THE RIVERSIDE be worth now?

15 THE RIVERSIDE might now be worth an estimated £607,654.

This is based on house price inflation of 8.5%, between September 2022 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for 15 THE RIVERSIDE of £560,000 on 16th September 2022. For the value to have increased from £560,000 to £607,654 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 THE RIVERSIDE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The September 2022 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE RIVERSIDE has not materially changed since September 2022.

How Large is 15 THE RIVERSIDE?

15 THE RIVERSIDE is 238m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hebburn, and where 15 THE RIVERSIDE lies on this distribution: More than 99% of detached houses houses are smaller than 15 THE RIVERSIDE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

15 THE RIVERSIDE: Plot and Title Map

15 THE RIVERSIDE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 15 THE RIVERSIDE, 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 15 THE RIVERSIDE). 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 15 THE RIVERSIDE?

15 THE RIVERSIDE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 15 on THE RIVERSIDE.