16, THORNTREE CLOSE, WHITLEY BAY, NE25 9NP - £260,000

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 THORNTREE CLOSE is a very small extended detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £333,107. It was last sold for £260,000 in July 2020, which was around 11% below the average July 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

16 THORNTREE CLOSE Sold Prices

Land registry data shows three sales for 16 THORNTREE CLOSE 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 THORNTREE CLOSE 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
2020 3 JUL	£260,000	£290,854	11% below HPI
2017 18 AUG	£231,000	£270,042	14% below HPI
2014 26 AUG	£203,680	£246,171	17% below HPI

16 THORNTREE CLOSE 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 THORNTREE CLOSE sales between August 2014 and July 2020 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 August 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 16 THORNTREE CLOSE be worth now?

16 THORNTREE CLOSE might now be worth an estimated £333,107.

This is based on house price inflation of 28.1%, between July 2020 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 16 THORNTREE CLOSE of £260,000 on 3rd July 2020. For the value to have increased from £260,000 to £333,107 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 16 THORNTREE CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THORNTREE CLOSE has not materially changed since July 2020.

How Large is 16 THORNTREE CLOSE?

16 THORNTREE CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 16 THORNTREE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 16 THORNTREE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

16 THORNTREE CLOSE: Plot and Title Map

16 THORNTREE CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 16 THORNTREE CLOSE, 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 THORNTREE CLOSE). 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 THORNTREE CLOSE?

16 THORNTREE CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 16 on THORNTREE CLOSE.