2, DYKELANDS WAY, SOUTH SHIELDS, NE34 9HA - £145,000

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 DYKELANDS WAY is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £145,000 in August 2003, which was around 11% below the average August 2003 detached price in the South Tyneside local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 DYKELANDS WAY Sold Prices

Land registry data shows two sales for 2 DYKELANDS WAY 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 DYKELANDS WAY 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
2003 1 AUG	£145,000	£162,118	11% below HPI
2001 5 JAN	£74,000	£104,047	29% below HPI

2 DYKELANDS WAY 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 DYKELANDS WAY sales from January 2001 and August 2003 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 January 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2003 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 DYKELANDS WAY?

2 DYKELANDS WAY is 79m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 DYKELANDS WAY lies on this distribution: 5% of detached houses are smaller than 2 DYKELANDS WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in South Shields.

2 DYKELANDS WAY: Plot and Title Map

2 DYKELANDS WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 DYKELANDS WAY, 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 DYKELANDS WAY). 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 DYKELANDS WAY?

2 DYKELANDS WAY is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 2 on DYKELANDS WAY.