2, FENCHURCH CLOSE, WIDEOPEN, NEWCASTLE UPON TYNE, NE13 6LF - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FENCHURCH CLOSE is a midsized detached house of 114m², which could now be worth an estimated £376,414. It was last sold for £275,000 in February 2017, which was around 2% above the average February 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

2 FENCHURCH CLOSE Sold Prices

Land registry data shows two sales for 2 FENCHURCH CLOSE 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 FENCHURCH CLOSE 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 3 FEB	£275,000	£270,762	2% above HPI
2014 20 JUN	£249,995	£243,588	3% above HPI

2 FENCHURCH CLOSE 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 FENCHURCH CLOSE sales from June 2014 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 June 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 FENCHURCH CLOSE be worth now?

2 FENCHURCH CLOSE might now be worth an estimated £376,414.

This is based on house price inflation of 36.9%, between February 2017 and December 2024, 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 36.9% inflationary increase is applied to the most recent sale price for 2 FENCHURCH CLOSE of £275,000 on 3rd February 2017. For the value to have increased from £275,000 to £376,414 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 2 FENCHURCH CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The February 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FENCHURCH CLOSE has not materially changed since February 2017.

How Large is 2 FENCHURCH CLOSE?

2 FENCHURCH CLOSE is 114m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses houses in Wideopen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wideopen, and where 2 FENCHURCH CLOSE lies on this distribution: 40% of detached houses houses are smaller than 2 FENCHURCH CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Wideopen.

2 FENCHURCH CLOSE: Plot and Title Map

2 FENCHURCH CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2 FENCHURCH CLOSE, 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 FENCHURCH CLOSE). 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 FENCHURCH CLOSE?

2 FENCHURCH CLOSE is located in WIDEOPEN, in the NE13 postcode district. The below map shows the position of No. 2 on FENCHURCH CLOSE.