Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
15 TROUTBECK WAY is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £220,000 in September 2022, which was around 20% below the average September 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 15 TROUTBECK WAY since 1st 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 15 TROUTBECK WAY sales were for below 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 | £220,000 | £276,383 | 20% below HPI |
2020 24 JAN | £180,000 | £244,025 | 26% below HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 15 TROUTBECK WAY sales from January 2020 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 January 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
15 TROUTBECK WAY is 96m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 15 TROUTBECK WAY lies on this distribution: 31% of detached houses are smaller than 15 TROUTBECK WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in South Shields.
15 TROUTBECK WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 15 TROUTBECK 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 15 TROUTBECK 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.
15 TROUTBECK WAY is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 15 on TROUTBECK WAY.