15, WESTFIELD PARK, WALLSEND, NE28 8LB - £220,000

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 WESTFIELD PARK is a very small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £220,000 in March 2023, which was around 38% below the average March 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

15 WESTFIELD PARK Sold Prices

Land registry data shows two sales for 15 WESTFIELD PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. One of the two 15 WESTFIELD PARK sales was for below the average price, whilst the other was roughly equal to 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 31 MAR	£220,000	£357,195	38% below HPI
1997 24 JAN	£77,950	£78,248	Close to HPI

15 WESTFIELD PARK 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 two 15 WESTFIELD PARK sales from January 1997 and March 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 January 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 15 WESTFIELD PARK?

15 WESTFIELD PARK is 80m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 15 WESTFIELD PARK lies on this distribution: 15% of detached houses are smaller than 15 WESTFIELD PARK, and 84% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

15 WESTFIELD PARK: Plot and Title Map

15 WESTFIELD PARK sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 15 WESTFIELD PARK, 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 WESTFIELD PARK). 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 WESTFIELD PARK?

15 WESTFIELD PARK is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 15 on WESTFIELD PARK.