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
16 CENTRAL AVENUE is a very large extended detached house of 229m², built sometime between 1930 and 1949. It was last sold for £450,000 in April 2015, which was around 111% above the average April 2015 detached price in the South Tyneside local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 16 CENTRAL AVENUE since 1st 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 16 CENTRAL AVENUE 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 |
---|---|---|---|
2015 27 APR | £450,000 | £213,130 | 111% above HPI |
1999 11 JUN | £250,000 | £93,938 | 166% above HPI |
1997 28 FEB | £130,000 | £80,716 | 61% above HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 16 CENTRAL AVENUE sales between February 1997 and April 2015 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 June 1999 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the April 2015 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.
16 CENTRAL AVENUE is 229m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% 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 16 CENTRAL AVENUE lies on this distribution: 97% of detached houses are smaller than 16 CENTRAL AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in South Shields.
16 CENTRAL AVENUE sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of 16 CENTRAL AVENUE, 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 16 CENTRAL AVENUE). 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.
16 CENTRAL AVENUE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 16 on CENTRAL AVENUE.