2, ST LUKES PLACE, HEBBURN, NE31 1RR - £230,000

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 ST LUKES PLACE is a large extended detached house of 115m², built sometime between 2003 and 2006. It was last sold for £230,000 in May 2022, which was around 16% below the average May 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 ST LUKES PLACE Sold Prices

Land registry data shows two sales for 2 ST LUKES PLACE 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. One of the two 2 ST LUKES PLACE sales was for below 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
2022 20 MAY	£230,000	£272,711	16% below HPI
2011 30 AUG	£219,950	£197,601	11% above HPI

2 ST LUKES PLACE 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 ST LUKES PLACE sales from August 2011 and May 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 August 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 ST LUKES PLACE?

2 ST LUKES PLACE is 115m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 ST LUKES PLACE lies on this distribution: 67% of detached houses are smaller than 2 ST LUKES PLACE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

2 ST LUKES PLACE: Plot and Title Map

2 ST LUKES PLACE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 ST LUKES PLACE, 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 ST LUKES PLACE). 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 ST LUKES PLACE?

2 ST LUKES PLACE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 2 on ST LUKES PLACE.