2, STIRLING DRIVE, NORTH SHIELDS, NE29 8DJ - £220,000

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 STIRLING DRIVE is a small extended semi-detached house of 92m², built sometime between 1976 and 1982. It was last sold for £220,000 in August 2018, which was around 23% below the average August 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

2 STIRLING DRIVE Sold Prices

Land registry data shows four sales for 2 STIRLING DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 2 STIRLING 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
2018 3 AUG	£220,000	£284,227	23% below HPI
2016 12 MAY	£175,000	£266,692	34% below HPI
2015 12 NOV	£210,000	£264,272	21% below HPI
2004 29 JUL	£178,500	£215,490	17% below HPI

2 STIRLING DRIVE 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 four 2 STIRLING DRIVE sales between July 2004 and August 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 May 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 STIRLING DRIVE?

2 STIRLING DRIVE is 92m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 STIRLING DRIVE lies on this distribution: 29% of detached houses are smaller than 2 STIRLING DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

2 STIRLING DRIVE: Plot and Title Map

2 STIRLING DRIVE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 2 STIRLING 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 STIRLING 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 STIRLING DRIVE?

2 STIRLING DRIVE is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 2 on STIRLING DRIVE.