16, SHIBDON BANK, BLAYDON-ON-TYNE, NE21 5EP - £90,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 SHIBDON BANK is a very small extended semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £93,494. It was last sold for £90,000 in June 2022, which was around 46% below the average June 2022 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

16 SHIBDON BANK Sold Prices

Land registry data shows two sales for 16 SHIBDON BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 16 SHIBDON BANK 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 1 JUN	£90,000	£166,133	46% below HPI
2007 21 FEB	£100,000	£133,186	25% below HPI

16 SHIBDON BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 16 SHIBDON BANK sales from February 2007 and June 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 February 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 16 SHIBDON BANK be worth now?

16 SHIBDON BANK might now be worth an estimated £93,494.

This is based on house price inflation of 3.9%, between June 2022 and February 2025, for semi-detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% inflationary increase is applied to the most recent sale price for 16 SHIBDON BANK of £90,000 on 1st June 2022. For the value to have increased from £90,000 to £93,494 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 16 SHIBDON BANK has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2022 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SHIBDON BANK has not materially changed since June 2022.

How Large is 16 SHIBDON BANK?

16 SHIBDON BANK is 81m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of semi-detached houses houses in Blaydon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blaydon, and where 16 SHIBDON BANK lies on this distribution: 15% of semi-detached houses houses are smaller than 16 SHIBDON BANK, and 83% of houses are larger. Note that EPC data is not available for all properties in Blaydon.

16 SHIBDON BANK: Plot and Title Map

16 SHIBDON BANK sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 16 SHIBDON BANK, 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 SHIBDON BANK). 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 SHIBDON BANK?

16 SHIBDON BANK is located in BLAYDON-ON-TYNE, in the NE21 postcode district. The below map shows the position of No. 16 on SHIBDON BANK.