16, WESTOE VILLAGE, SOUTH SHIELDS, NE33 3EB - £675,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 WESTOE VILLAGE is a very large extended detached house of 305m², built sometime before 1900. It was last sold for £675,000 in March 2022, which was around 155% above the average March 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

16 WESTOE VILLAGE Sold Prices

Land registry data shows three sales for 16 WESTOE VILLAGE 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 WESTOE VILLAGE 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
2022 11 MAR	£675,000	£265,033	155% above HPI
2001 30 MAR	£245,000	£102,897	138% above HPI
1997 31 JUL	£180,000	£85,354	111% above HPI

16 WESTOE VILLAGE 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 WESTOE VILLAGE sales between July 1997 and March 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 March 2001 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the March 2022 sale, where it rises to 155% above the HPI. The line then continues to track at 155% above the HPI.

How Large is 16 WESTOE VILLAGE?

16 WESTOE VILLAGE is 305m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 16 WESTOE VILLAGE lies on this distribution: 99% of detached houses are smaller than 16 WESTOE VILLAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in South Shields.

16 WESTOE VILLAGE: Plot and Title Map

16 WESTOE VILLAGE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 16 WESTOE VILLAGE, 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 WESTOE VILLAGE). 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 WESTOE VILLAGE?

16 WESTOE VILLAGE is located in SOUTH SHIELDS, in the NE33 postcode district. The below map shows the position of No. 16 on WESTOE VILLAGE.