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
168 BEACONSIDE is a very small detached house of 58m², built sometime between 1991 and 1995. It was last sold for £242,000 in July 2022, which was around 13% below the average July 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 168 BEACONSIDE since 1st 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 168 BEACONSIDE 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 29 JUL | £242,000 | £278,377 | 13% below HPI |
2019 13 DEC | £190,000 | £246,055 | 23% below HPI |
1996 23 FEB | £73,650 | £75,784 | 3% below HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 168 BEACONSIDE sales between February 1996 and July 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 December 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
168 BEACONSIDE is 58m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 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 168 BEACONSIDE lies on this distribution: 2% of detached houses are smaller than 168 BEACONSIDE, and 98% of houses are larger. Note that EPC data is not available for all properties in South Shields.
168 BEACONSIDE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 168 BEACONSIDE, 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 168 BEACONSIDE). 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.
168 BEACONSIDE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 168 on BEACONSIDE.