2, VICTORIA WALK, HEBBURN, NE31 2BQ - £242,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 VICTORIA WALK is a very small detached house of 88m², built in 2015. It was last sold for £242,000 in September 2022, which was around 12% below the average September 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

2 VICTORIA WALK Sold Prices

Land registry data shows two sales for 2 VICTORIA WALK 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 VICTORIA WALK 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
2022 9 SEP	£242,000	£276,383	12% below HPI
2018 26 OCT	£223,995	£244,204	8% below HPI

2 VICTORIA WALK 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 VICTORIA WALK sales from October 2018 and September 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 October 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 VICTORIA WALK?

2 VICTORIA WALK is 88m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% 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 VICTORIA WALK lies on this distribution: 17% of detached houses are smaller than 2 VICTORIA WALK, and 78% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

2 VICTORIA WALK: Plot and Title Map

2 VICTORIA WALK sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 2 VICTORIA WALK, 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 VICTORIA WALK). 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 VICTORIA WALK?

2 VICTORIA WALK is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 2 on VICTORIA WALK.