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

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 FENCHURCH CLOSE is a midsized detached house of 114m². It was last sold for £275,000 in February 2017, which was about 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. One of the two 2 FENCHURCH CLOSE sales was roughly equal to the average price, whilst the other was 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	£275,381	Close to HPI
2014 20 JUN	£249,995	£247,743	1% 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

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 in Wideopen, based on EPC data. The below chart shows the distribution of detached houses by size in Wideopen, and where 2 FENCHURCH CLOSE lies on this distribution: 40% of detached 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.