2, CARDIGAN GROVE, NORTH SHIELDS, NE30 3HN - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CARDIGAN GROVE is a very small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £235,000 in November 2009, which was around 4% above the average November 2009 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

2 CARDIGAN GROVE Sold Prices

Land registry data shows three sales for 2 CARDIGAN GROVE 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 CARDIGAN GROVE 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
2009 6 NOV	£235,000	£226,221	4% above HPI
2004 18 AUG	£240,000	£222,313	8% above HPI
2001 8 JUN	£119,000	£101,398	17% above HPI

2 CARDIGAN GROVE 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 CARDIGAN GROVE sales between June 2001 and November 2009 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2009 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 CARDIGAN GROVE?

2 CARDIGAN GROVE is 86m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 2 CARDIGAN GROVE lies on this distribution: 20% of detached houses are smaller than 2 CARDIGAN GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

2 CARDIGAN GROVE: Plot and Title Map

2 CARDIGAN GROVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 CARDIGAN GROVE, 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 CARDIGAN GROVE). 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 CARDIGAN GROVE?

2 CARDIGAN GROVE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 2 on CARDIGAN GROVE.