18, PARK ROAD, SEATON DELAVAL, WHITLEY BAY, NE25 0AD - £275,000

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

18 PARK ROAD is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £275,000 in August 2021, which was around 5% below the average August 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was D.

18 PARK ROAD Sold Prices

Land registry data shows three sales for 18 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 18 PARK ROAD 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
2021 20 AUG	£275,000	£290,646	5% below HPI
2005 9 JUN	£169,950	£223,641	24% below HPI
2002 11 JAN	£84,500	£118,453	29% below HPI

18 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 18 PARK ROAD sales between January 2002 and August 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 June 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 PARK ROAD?

18 PARK ROAD is 127m², which includes two extensions, according to the EPC inspection conducted in December 2009. This puts it in the largest 40% of detached houses in Seaton Delaval, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton Delaval, and where 18 PARK ROAD lies on this distribution: 69% of detached houses are smaller than 18 PARK ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Seaton Delaval.

18 PARK ROAD: Plot and Title Map

18 PARK ROAD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 18 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

18 PARK ROAD is located in SEATON DELAVAL, in the NE25 postcode district. The below map shows the position of No. 18 on PARK ROAD.