2, ASHMEAD CLOSE, NEWCASTLE UPON TYNE, NE12 6GB - £352,000

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.

2 ASHMEAD CLOSE is a midsized extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £385,072. It was last sold for £352,000 in July 2024, which was around 3% above the average July 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

2 ASHMEAD CLOSE Sold Prices

Land registry data shows three sales for 2 ASHMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 2 ASHMEAD CLOSE sales were for above 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
2024 5 JUL	£352,000	£340,633	3% above HPI
2004 20 AUG	£230,000	£218,584	5% above HPI
2000 15 SEP	£106,000	£96,686	10% above HPI

2 ASHMEAD 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 three 2 ASHMEAD CLOSE sales between September 2000 and July 2024 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 August 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2024 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 ASHMEAD CLOSE be worth now?

2 ASHMEAD CLOSE might now be worth an estimated £385,072.

This is based on house price inflation of 9.4%, between July 2024 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 9.4% inflationary increase is applied to the most recent sale price for 2 ASHMEAD CLOSE of £352,000 on 5th July 2024. For the value to have increased from £352,000 to £385,072 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 2 ASHMEAD CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2024 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ASHMEAD CLOSE has not materially changed since July 2024.

How Large is 2 ASHMEAD CLOSE?

2 ASHMEAD CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Killingworth, and where 2 ASHMEAD CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 ASHMEAD CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

2 ASHMEAD CLOSE: Plot and Title Map

2 ASHMEAD CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 ASHMEAD 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 2 ASHMEAD 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 2 ASHMEAD CLOSE?

2 ASHMEAD CLOSE is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 2 on ASHMEAD CLOSE.