18, THARSIS ROAD, HEBBURN, NE31 1LT - £185,000

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

18 THARSIS ROAD is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £185,000 in November 2019, which was around 27% below the average November 2019 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

18 THARSIS ROAD Sold Prices

Land registry data shows two sales for 18 THARSIS ROAD 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 THARSIS 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
2019 8 NOV	£185,000	£252,762	27% below HPI
2013 17 MAY	£135,500	£208,664	35% below HPI

18 THARSIS ROAD 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 THARSIS ROAD sales from May 2013 and November 2019 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 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 18 THARSIS ROAD be worth now?

18 THARSIS ROAD might now be worth an estimated £222,586.

This is based on house price inflation of 20.3%, between November 2019 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 20.3% inflationary increase is applied to the most recent sale price for 18 THARSIS ROAD of £185,000 on 8th November 2019. For the value to have increased from £185,000 to £222,586 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 18 THARSIS ROAD has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The November 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THARSIS ROAD has not materially changed since November 2019.

How Large is 18 THARSIS ROAD?

18 THARSIS ROAD is 75m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% 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 18 THARSIS ROAD lies on this distribution: 5% of detached houses houses are smaller than 18 THARSIS ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

18 THARSIS ROAD: Plot and Title Map

18 THARSIS ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 18 THARSIS 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 THARSIS 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 THARSIS ROAD?

18 THARSIS ROAD is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 18 on THARSIS ROAD.