2, PINEWOOD VILLAS, SOUTH SHIELDS, NE34 6RD - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PINEWOOD VILLAS is a very large detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £322,790. It was last sold for £210,000 in September 2011, which was around 6% above the average September 2011 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

2 PINEWOOD VILLAS Sold Prices

Land registry data shows two sales for 2 PINEWOOD VILLAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 2 PINEWOOD VILLAS 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
2011 16 SEP	£210,000	£198,146	6% above HPI
1998 25 SEP	£95,500	£91,002	5% above HPI

2 PINEWOOD VILLAS 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 two 2 PINEWOOD VILLAS sales from September 1998 and September 2011 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 September 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2011 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 PINEWOOD VILLAS be worth now?

2 PINEWOOD VILLAS might now be worth an estimated £322,790.

This is based on house price inflation of 53.7%, between September 2011 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.7% inflationary increase is applied to the most recent sale price for 2 PINEWOOD VILLAS of £210,000 on 16th September 2011. For the value to have increased from £210,000 to £322,790 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 PINEWOOD VILLAS has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The September 2011 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PINEWOOD VILLAS has not materially changed since September 2011.

How Large is 2 PINEWOOD VILLAS?

2 PINEWOOD VILLAS is 147m² according to the EPC inspection conducted in August 2010. This puts it in the largest 20% of detached houses houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Shields, and where 2 PINEWOOD VILLAS lies on this distribution: 82% of detached houses houses are smaller than 2 PINEWOOD VILLAS, and 18% of houses are larger. Note that EPC data is not available for all properties in South Shields.

2 PINEWOOD VILLAS: Plot and Title Map

2 PINEWOOD VILLAS sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 PINEWOOD VILLAS, 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 PINEWOOD VILLAS). 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 PINEWOOD VILLAS?

2 PINEWOOD VILLAS is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 2 on PINEWOOD VILLAS.