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 MOOR EDGE DRIVE is a midsized detached house of 98m². It was last sold for £310,000 in November 2023, which was around 13% below the average November 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 MOOR EDGE DRIVE since 1st 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 MOOR EDGE DRIVE sales were for below 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 |
---|---|---|---|
2023 30 NOV | £310,000 | £356,534 | 13% below HPI |
2019 20 DEC | £255,950 | £290,120 | 12% below HPI |
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 MOOR EDGE DRIVE sales from December 2019 and November 2023 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 December 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
2 MOOR EDGE DRIVE is 98m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 2 MOOR EDGE DRIVE lies on this distribution: 43% of detached houses are smaller than 2 MOOR EDGE DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wallsend.
2 MOOR EDGE DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 2 MOOR EDGE 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 MOOR EDGE 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.
2 MOOR EDGE DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 2 on MOOR EDGE DRIVE.