2, FAIRFIELD DRIVE, NORTH SHIELDS, NE30 3AE - £495,000

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 FAIRFIELD DRIVE is a very large extended semi-detached house of 164m², built sometime between 1950 and 1966, which could now be worth an estimated £563,400. It was last sold for £495,000 in March 2022, which was around 152% above the average March 2022 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

2 FAIRFIELD DRIVE Sold Prices

Land registry data shows three sales for 2 FAIRFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 2 FAIRFIELD 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
2022 28 MAR	£495,000	£196,392	152% above HPI
2009 17 JUL	£245,000	£130,598	88% above HPI
1999 3 SEP	£115,000	£50,249	129% above HPI

2 FAIRFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 2 FAIRFIELD DRIVE sales between September 1999 and March 2022 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 July 2009 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the March 2022 sale, where it rises to 152% above the HPI. The line then continues to track at 152% above the HPI.

What might 2 FAIRFIELD DRIVE be worth now?

2 FAIRFIELD DRIVE might now be worth an estimated £563,400.

This is based on house price inflation of 13.8%, between March 2022 and February 2025, for semi-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 13.8% inflationary increase is applied to the most recent sale price for 2 FAIRFIELD DRIVE of £495,000 on 28th March 2022. For the value to have increased from £495,000 to £563,400 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 2 FAIRFIELD DRIVE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The March 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FAIRFIELD DRIVE has not materially changed since March 2022.

How Large is 2 FAIRFIELD DRIVE?

2 FAIRFIELD DRIVE is 164m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of semi-detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tynemouth, and where 2 FAIRFIELD DRIVE lies on this distribution: 89% of semi-detached houses houses are smaller than 2 FAIRFIELD DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

2 FAIRFIELD DRIVE: Plot and Title Map

2 FAIRFIELD DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 FAIRFIELD 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 FAIRFIELD 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 FAIRFIELD DRIVE?

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