16, WOODLEA, FOREST HALL, NEWCASTLE UPON TYNE, NE12 9BG - £240,000

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 WOODLEA is a very small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £240,000 in December 2022, which was around 33% below the average December 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

16 WOODLEA Sold Prices

Land registry data shows three sales for 16 WOODLEA 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. The three 16 WOODLEA sales were a mix of below the average price, and roughly equal to 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 19 DEC	£240,000	£358,399	33% below HPI
2001 6 SEP	£94,000	£106,547	12% below HPI
1997 19 DEC	£81,995	£81,759	Close to HPI

16 WOODLEA 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 WOODLEA sales between December 1997 and December 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 September 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 WOODLEA?

16 WOODLEA is 90m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 16 WOODLEA lies on this distribution: 17% of detached houses are smaller than 16 WOODLEA, and 83% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

16 WOODLEA: Plot and Title Map

16 WOODLEA sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 16 WOODLEA, 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 WOODLEA). 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 WOODLEA?

16 WOODLEA is located in FOREST HALL, in the NE12 postcode district. The below map shows the position of No. 16 on WOODLEA.