Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 HOWARD CLOSE is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £315,000 in February 2022, which was around 3% below the average February 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 HOWARD CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. The three 2 HOWARD CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 22 FEB | £315,000 | £323,793 | 3% below HPI |
2014 4 JUL | £250,000 | £249,309 | Close to HPI |
1999 10 DEC | £115,513 | £92,836 | 24% above HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 2 HOWARD CLOSE sales between December 1999 and February 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 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
2 HOWARD CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 2 HOWARD CLOSE lies on this distribution: 68% of detached houses are smaller than 2 HOWARD CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Longbenton.
2 HOWARD CLOSE sits on a plot of roughly 293.6 acres, or 1,188,029m². The below map shows the location of 2 HOWARD 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 HOWARD 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.
2 HOWARD CLOSE is located in HOLYSTONE, in the NE27 postcode district. The below map shows the position of No. 2 on HOWARD CLOSE.