2, COLLEGE DRIVE, SOUTH SHIELDS, NE33 3DX - £299,000

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

2 COLLEGE DRIVE is a midsized detached house of 107m², built sometime between 1967 and 1975. It was last sold for £299,000 in July 2023, which was around 4% above the average July 2023 detached price in the South Tyneside local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

2 COLLEGE DRIVE Sold Prices

Land registry data shows two sales for 2 COLLEGE DRIVE 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 2 COLLEGE DRIVE 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
2023 28 JUL	£299,000	£286,804	4% above HPI
2002 27 MAR	£136,000	£108,126	26% above HPI

2 COLLEGE DRIVE 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 2 COLLEGE DRIVE sales from March 2002 and July 2023 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 March 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 COLLEGE DRIVE?

2 COLLEGE DRIVE is 107m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% 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 2 COLLEGE DRIVE lies on this distribution: 45% of detached houses are smaller than 2 COLLEGE DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in South Shields.

2 COLLEGE DRIVE: Plot and Title Map

2 COLLEGE DRIVE sits on a plot of roughly 1.6 acres, or 6,675m². The below map shows the location of 2 COLLEGE DRIVE, 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 COLLEGE DRIVE). 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 COLLEGE DRIVE?

2 COLLEGE DRIVE is located in SOUTH SHIELDS, in the NE33 postcode district. The below map shows the position of No. 2 on COLLEGE DRIVE.