16, PRENSGARTH WAY, SOUTH SHIELDS, NE34 9HD - £200,000

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 PRENSGARTH WAY is a midsized extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £200,000 in August 2022, which was around 28% below the average August 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

16 PRENSGARTH WAY Sold Prices

Land registry data shows three sales for 16 PRENSGARTH WAY 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. All of the three 16 PRENSGARTH 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 15 AUG	£200,000	£277,935	28% below HPI
2002 3 MAY	£107,000	£123,904	14% below HPI
1999 6 AUG	£75,000	£93,555	20% below HPI

16 PRENSGARTH WAY 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 PRENSGARTH WAY sales between August 1999 and August 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 May 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 16 PRENSGARTH WAY?

16 PRENSGARTH WAY is 103m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 PRENSGARTH WAY lies on this distribution: 41% of detached houses are smaller than 16 PRENSGARTH WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in South Shields.

16 PRENSGARTH WAY: Plot and Title Map

16 PRENSGARTH WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 16 PRENSGARTH 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 16 PRENSGARTH 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.

Where is 16 PRENSGARTH WAY?

16 PRENSGARTH WAY is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 16 on PRENSGARTH WAY.