16, THE RIVERSIDE, HEBBURN, NE31 1BG - £249,999

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 THE RIVERSIDE is a large extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £249,999 in February 2005, which was around 30% above the average February 2005 detached price in the South Tyneside local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

16 THE RIVERSIDE Sold Prices

Land registry data shows two sales for 16 THE RIVERSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 16 THE RIVERSIDE 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
2005 28 FEB	£249,999	£192,046	30% above HPI
1995 31 JAN	£110,000	£75,627	45% above HPI

16 THE RIVERSIDE 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 two 16 THE RIVERSIDE sales from January 1995 and February 2005 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 January 1995 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the February 2005 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 16 THE RIVERSIDE?

16 THE RIVERSIDE is 117m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 40% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 16 THE RIVERSIDE lies on this distribution: 68% of detached houses are smaller than 16 THE RIVERSIDE, and 30% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

16 THE RIVERSIDE: Plot and Title Map

16 THE RIVERSIDE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 16 THE RIVERSIDE, 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 THE RIVERSIDE). 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 THE RIVERSIDE?

16 THE RIVERSIDE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 16 on THE RIVERSIDE.