2, FAIRWAYS, WHITLEY BAY, NE25 9YG - £290,000

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 FAIRWAYS is a midsized extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £470,708. It was last sold for £290,000 in June 2010, which was around 26% above the average June 2010 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

2 FAIRWAYS Sold Prices

Land registry data shows two sales for 2 FAIRWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 2 FAIRWAYS 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
2010 14 JUN	£290,000	£229,579	26% above HPI
2004 29 OCT	£285,140	£216,730	32% above HPI

2 FAIRWAYS 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 two 2 FAIRWAYS sales from October 2004 and June 2010 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 October 2004 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2010 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 FAIRWAYS be worth now?

2 FAIRWAYS might now be worth an estimated £470,708.

This is based on house price inflation of 62.3%, between June 2010 and February 2025, for 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 62.3% inflationary increase is applied to the most recent sale price for 2 FAIRWAYS of £290,000 on 14th June 2010. For the value to have increased from £290,000 to £470,708 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 FAIRWAYS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2010 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FAIRWAYS has not materially changed since June 2010.

How Large is 2 FAIRWAYS?

2 FAIRWAYS is 125m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 2 FAIRWAYS lies on this distribution: 43% of detached houses houses are smaller than 2 FAIRWAYS, and 57% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

2 FAIRWAYS: Plot and Title Map

2 FAIRWAYS sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 2 FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

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