2, CHAPEL LANE, WHITLEY BAY, NE25 8AD - £160,000

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 CHAPEL LANE is a very small extended terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £218,678. It was last sold for £160,000 in February 2017, which was around 18% above the average February 2017 terraced price in the North Tyneside local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

2 CHAPEL LANE Sold Prices

Land registry data shows two sales for 2 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. Both of the two 2 CHAPEL LANE 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
2017 16 FEB	£160,000	£135,962	18% above HPI
1995 24 NOV	£53,000	£36,394	46% above HPI

2 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Tyneside local authority area over time, sourced from the HPI. The two 2 CHAPEL LANE sales from November 1995 and February 2017 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 November 1995 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 CHAPEL LANE be worth now?

2 CHAPEL LANE might now be worth an estimated £218,678.

This is based on house price inflation of 36.7%, between February 2017 and July 2025, for terraced 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 36.7% inflationary increase is applied to the most recent sale price for 2 CHAPEL LANE of £160,000 on 16th February 2017. For the value to have increased from £160,000 to £218,678 over the seven years and seven months to July 2025, the following assumptions must hold true:

• The value of 2 CHAPEL LANE has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The February 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL LANE has not materially changed since February 2017.

How Large is 2 CHAPEL LANE?

2 CHAPEL LANE is 84m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of terraced houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Whitley Bay, and where 2 CHAPEL LANE lies on this distribution: 8% of terraced houses houses are smaller than 2 CHAPEL LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

2 CHAPEL LANE: Plot and Title Map

2 CHAPEL LANE sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 2 CHAPEL LANE, 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 CHAPEL LANE). 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 CHAPEL LANE?

2 CHAPEL LANE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 2 on CHAPEL LANE.