17, FURROW DRIVE, WALLSEND, NE28 9FG - £263,000

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.

17 FURROW DRIVE is a large detached house of 116m², which could now be worth an estimated £336,096. It was last sold for £263,000 in August 2020, which was around 10% below the average August 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

17 FURROW DRIVE Sold Prices

Land registry data shows two sales for 17 FURROW 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 North Tyneside local authority area for the corresponding sale date. Both of the two 17 FURROW DRIVE 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 7 AUG	£263,000	£291,594	10% below HPI
2018 27 APR	£259,950	£280,381	7% below HPI

17 FURROW DRIVE 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 two 17 FURROW DRIVE sales from April 2018 and August 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 April 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 17 FURROW DRIVE be worth now?

17 FURROW DRIVE might now be worth an estimated £336,096.

This is based on house price inflation of 27.8%, between August 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 27.8% inflationary increase is applied to the most recent sale price for 17 FURROW DRIVE of £263,000 on 7th August 2020. For the value to have increased from £263,000 to £336,096 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 17 FURROW DRIVE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The August 2020 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 17 FURROW DRIVE has not materially changed since August 2020.

How Large is 17 FURROW DRIVE?

17 FURROW DRIVE is 116m² according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallsend, and where 17 FURROW DRIVE lies on this distribution: 70% of detached houses houses are smaller than 17 FURROW DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

17 FURROW DRIVE: Plot and Title Map

17 FURROW DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 17 FURROW 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 FURROW 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 FURROW DRIVE?

17 FURROW DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 17 on FURROW DRIVE.