2, THORN CLOSE, WIDEOPEN, NEWCASTLE UPON TYNE, NE13 7HR - £240,000

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 THORN CLOSE is a large extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £320,338. It was last sold for £240,000 in February 2018, which was around 14% below the average February 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 THORN CLOSE Sold Prices

Land registry data shows two sales for 2 THORN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 2 THORN CLOSE 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 9 FEB	£240,000	£279,183	14% below HPI
2004 30 JUL	£189,000	£211,876	11% below HPI

2 THORN CLOSE 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 two 2 THORN CLOSE sales from July 2004 and February 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 July 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 THORN CLOSE be worth now?

2 THORN CLOSE might now be worth an estimated £320,338.

This is based on house price inflation of 33.5%, between February 2018 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for 2 THORN CLOSE of £240,000 on 9th February 2018. For the value to have increased from £240,000 to £320,338 over the seven years to February 2025, the following assumptions must hold true:

• The value of 2 THORN CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The February 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THORN CLOSE has not materially changed since February 2018.

How Large is 2 THORN CLOSE?

2 THORN CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses houses in Brunswick Village, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brunswick Village, and where 2 THORN CLOSE lies on this distribution: 63% of detached houses houses are smaller than 2 THORN CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Brunswick Village.

2 THORN CLOSE: Plot and Title Map

2 THORN CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 2 THORN CLOSE, 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 THORN CLOSE). 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 THORN CLOSE?

2 THORN CLOSE is located in WIDEOPEN, in the NE13 postcode district. The below map shows the position of No. 2 on THORN CLOSE.