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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 PRENSGARTH WAY is a midsized extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £215,807. It was last sold for £200,000 in August 2022, which was around 29% 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	£282,261	29% below HPI
2002 3 MAY	£107,000	£125,832	15% below HPI
1999 6 AUG	£75,000	£95,011	21% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 16 PRENSGARTH WAY be worth now?

16 PRENSGARTH WAY might now be worth an estimated £215,807.

This is based on house price inflation of 7.9%, between August 2022 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.9% inflationary increase is applied to the most recent sale price for 16 PRENSGARTH WAY of £200,000 on 15th August 2022. For the value to have increased from £200,000 to £215,807 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 16 PRENSGARTH WAY has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The August 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PRENSGARTH WAY has not materially changed since August 2022.

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 houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Shields, and where 16 PRENSGARTH WAY lies on this distribution: 42% of detached houses houses are smaller than 16 PRENSGARTH WAY, and 57% 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.