16, PALMERSTON STREET, SOUTH SHIELDS, NE33 5LT - £168,000

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 PALMERSTON STREET is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £168,000 in October 2014, which was around 21% below the average October 2014 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

16 PALMERSTON STREET Sold Prices

Land registry data shows three sales for 16 PALMERSTON STREET 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. One of the three 16 PALMERSTON STREET sales was for below the average price, whilst two 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
2014 31 OCT	£168,000	£212,877	21% below HPI
2014 23 MAY	£213,500	£207,614	3% above HPI
2001 29 JUN	£110,000	£103,966	6% above HPI

16 PALMERSTON STREET 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 16 PALMERSTON STREET sales between June 2001 and October 2014 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 May 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 PALMERSTON STREET?

16 PALMERSTON STREET is 118m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 PALMERSTON STREET lies on this distribution: 59% of detached houses are smaller than 16 PALMERSTON STREET, and 40% of houses are larger. Note that EPC data is not available for all properties in South Shields.

16 PALMERSTON STREET: Plot and Title Map

16 PALMERSTON STREET sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 16 PALMERSTON STREET, 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 PALMERSTON STREET). 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 PALMERSTON STREET?

16 PALMERSTON STREET is located in SOUTH SHIELDS, in the NE33 postcode district. The below map shows the position of No. 16 on PALMERSTON STREET.