2, NORTH DRIVE, HEBBURN, NE31 1ER - £188,000

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 NORTH DRIVE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £188,000 in September 2015, which was around 12% below the average September 2015 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

2 NORTH DRIVE Sold Prices

Land registry data shows three sales for 2 NORTH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 2 NORTH 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
2015 28 SEP	£188,000	£214,388	12% below HPI
2011 28 NOV	£149,000	£200,727	26% below HPI
2005 21 SEP	£189,000	£213,727	12% below HPI

2 NORTH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 2 NORTH DRIVE sales between September 2005 and September 2015 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 November 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 NORTH DRIVE?

2 NORTH DRIVE is 96m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 2 NORTH DRIVE lies on this distribution: 31% of detached houses are smaller than 2 NORTH DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

2 NORTH DRIVE: Plot and Title Map

2 NORTH DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 2 NORTH 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 NORTH 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.

Where is 2 NORTH DRIVE?

2 NORTH DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 2 on NORTH DRIVE.