2, STATION ROAD, PERCY MAIN, NORTH SHIELDS, NE29 6HN - £174,950

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 STATION ROAD is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £174,950 in July 2018, which was around 38% below the average July 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 STATION ROAD Sold Prices

Land registry data shows three sales for 2 STATION ROAD since 1^st 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. All of the three 2 STATION ROAD 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
2018 6 JUL	£174,950	£281,349	38% below HPI
2001 30 NOV	£66,950	£109,672	39% below HPI
2000 13 APR	£57,000	£92,686	39% below HPI

2 STATION ROAD Price Paid vs. HPI Average

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 STATION ROAD sales between April 2000 and July 2018 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 2001 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 STATION ROAD?

2 STATION ROAD is 67m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 2 STATION ROAD lies on this distribution: 4% of detached houses are smaller than 2 STATION ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

2 STATION ROAD: Plot and Title Map

2 STATION ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 2 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

2 STATION ROAD is located in PERCY MAIN, in the NE29 postcode district. The below map shows the position of No. 2 on STATION ROAD.