16, GRENADA DRIVE, WHITLEY BAY, NE26 1HR - £550,000

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

16 GRENADA DRIVE is a very large extended detached house of 186m², built sometime between 1950 and 1966. It was last sold for £550,000 in February 2020, which was around 91% above the average February 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

16 GRENADA DRIVE Sold Prices

Land registry data shows three sales for 16 GRENADA DRIVE 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 16 GRENADA DRIVE 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
2020 3 FEB	£550,000	£288,100	91% above HPI
2010 13 JUL	£340,000	£233,864	45% above HPI
2003 10 JUL	£290,000	£171,456	69% above HPI

16 GRENADA DRIVE 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 16 GRENADA DRIVE sales between July 2003 and February 2020 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 July 2010 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the February 2020 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 16 GRENADA DRIVE?

16 GRENADA DRIVE is 186m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 16 GRENADA DRIVE lies on this distribution: 86% of detached houses are smaller than 16 GRENADA DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

16 GRENADA DRIVE: Plot and Title Map

16 GRENADA DRIVE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 16 GRENADA DRIVE, 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 GRENADA DRIVE). 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 16 GRENADA DRIVE?

16 GRENADA DRIVE is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 16 on GRENADA DRIVE.