18, GRINDON CLOSE, WHITLEY BAY, NE25 9EB - £359,250

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

18 GRINDON CLOSE is a very small detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £410,612. It was last sold for £359,250 in March 2022, which was around 10% above the average March 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

18 GRINDON CLOSE Sold Prices

Land registry data shows two sales for 18 GRINDON CLOSE 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. One of the two 18 GRINDON CLOSE sales was for above the average price, whilst the other was 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 28 MAR	£359,250	£326,025	10% above HPI
2017 30 MAY	£230,000	£264,925	13% below HPI

18 GRINDON CLOSE 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 18 GRINDON CLOSE sales from May 2017 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 May 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 18 GRINDON CLOSE be worth now?

18 GRINDON CLOSE might now be worth an estimated £410,612.

This is based on house price inflation of 14.3%, between March 2022 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 14.3% inflationary increase is applied to the most recent sale price for 18 GRINDON CLOSE of £359,250 on 28th March 2022. For the value to have increased from £359,250 to £410,612 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 18 GRINDON CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The March 2022 sale price of £359,250 represented a fair market value for the property.
• The size, condition, and specification of 18 GRINDON CLOSE has not materially changed since March 2022.

How Large is 18 GRINDON CLOSE?

18 GRINDON CLOSE is 67m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 18 GRINDON CLOSE lies on this distribution: 3% of detached houses houses are smaller than 18 GRINDON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

18 GRINDON CLOSE: Plot and Title Map

18 GRINDON CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 18 GRINDON CLOSE, 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 18 GRINDON CLOSE). 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 18 GRINDON CLOSE?

18 GRINDON CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 18 on GRINDON CLOSE.