18, SILVERDALE WAY, SOUTH SHIELDS, NE34 9HB - £220,000

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 SILVERDALE WAY is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £220,000 in December 2018, which was around 8% below the average December 2018 detached price in the South Tyneside local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

18 SILVERDALE WAY Sold Prices

Land registry data shows two sales for 18 SILVERDALE WAY 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 18 SILVERDALE WAY 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
2018 14 DEC	£220,000	£239,888	8% below HPI
2014 17 JUN	£187,000	£208,981	11% below HPI

18 SILVERDALE WAY 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 18 SILVERDALE WAY sales from June 2014 and December 2018 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 18 SILVERDALE WAY?

18 SILVERDALE WAY is 92m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% 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 18 SILVERDALE WAY lies on this distribution: 28% of detached houses are smaller than 18 SILVERDALE WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in South Shields.

18 SILVERDALE WAY: Plot and Title Map

18 SILVERDALE WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 18 SILVERDALE WAY, 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 SILVERDALE WAY). 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 SILVERDALE WAY?

18 SILVERDALE WAY is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 18 on SILVERDALE WAY.