17, CHAFFINCH DRIVE, HEBBURN, NE31 1BF - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 CHAFFINCH DRIVE is a very large detached house of 125m². It was last sold for £315,000 in April 2021, which was around 21% above the average April 2021 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

17 CHAFFINCH DRIVE Sold Prices

Land registry data shows two sales for 17 CHAFFINCH DRIVE 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 17 CHAFFINCH DRIVE 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
2021 16 APR	£315,000	£261,253	21% above HPI
2019 30 AUG	£292,950	£247,390	18% above HPI

17 CHAFFINCH DRIVE 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 17 CHAFFINCH DRIVE sales from August 2019 and April 2021 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 2019 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 17 CHAFFINCH DRIVE be worth now?

17 CHAFFINCH DRIVE might now be worth an estimated £366,680.

This is based on house price inflation of 16.4%, between April 2021 and December 2024, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 17 CHAFFINCH DRIVE of £315,000 on 16th April 2021. For the value to have increased from £315,000 to £366,680 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 17 CHAFFINCH DRIVE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The April 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHAFFINCH DRIVE has not materially changed since April 2021.

How Large is 17 CHAFFINCH DRIVE?

17 CHAFFINCH DRIVE is 125m² according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hebburn, and where 17 CHAFFINCH DRIVE lies on this distribution: 81% of detached houses houses are smaller than 17 CHAFFINCH DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

17 CHAFFINCH DRIVE: Plot and Title Map

17 CHAFFINCH DRIVE sits on a plot of roughly 19.0 acres, or 76,781m². The below map shows the location of 17 CHAFFINCH DRIVE, 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 17 CHAFFINCH DRIVE). 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 17 CHAFFINCH DRIVE?

17 CHAFFINCH DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 17 on CHAFFINCH DRIVE.