16, PRESTON WOOD, NORTH SHIELDS, NE30 3LT - £412,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 PRESTON WOOD is a very large extended detached house of 170m², built sometime between 1983 and 1990. It was last sold for £412,500 in August 2017, which was around 50% above the average August 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

16 PRESTON WOOD Sold Prices

Land registry data shows three sales for 16 PRESTON WOOD 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 PRESTON WOOD 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
2017 10 AUG	£412,500	£274,649	50% above HPI
2006 8 NOV	£350,000	£240,524	46% above HPI
1999 5 MAY	£166,000	£85,665	94% above HPI

16 PRESTON WOOD 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 PRESTON WOOD sales between May 1999 and August 2017 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 November 2006 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2017 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 16 PRESTON WOOD?

16 PRESTON WOOD is 170m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 16 PRESTON WOOD lies on this distribution: 90% of detached houses are smaller than 16 PRESTON WOOD, and 9% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

16 PRESTON WOOD: Plot and Title Map

16 PRESTON WOOD sits on a plot of roughly 8.3 acres, or 33,496m². The below map shows the location of 16 PRESTON WOOD, 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 PRESTON WOOD). 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 PRESTON WOOD?

16 PRESTON WOOD is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 16 on PRESTON WOOD.