2, WATERSIDE PARK, HEBBURN, NE31 1RS - £220,000

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 WATERSIDE PARK is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £220,000 in March 2021, which was around 13% below the average March 2021 detached price in the South Tyneside local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

2 WATERSIDE PARK Sold Prices

Land registry data shows two sales for 2 WATERSIDE PARK 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 WATERSIDE PARK 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
2021 26 MAR	£220,000	£251,990	13% below HPI
2000 30 MAY	£88,300	£95,982	8% below HPI

2 WATERSIDE PARK 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 WATERSIDE PARK sales from May 2000 and March 2021 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 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 WATERSIDE PARK?

2 WATERSIDE PARK is 84m², which includes one extension, according to the EPC inspection conducted in December 2020. 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 WATERSIDE PARK lies on this distribution: 12% of detached houses are smaller than 2 WATERSIDE PARK, and 87% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

2 WATERSIDE PARK: Plot and Title Map

2 WATERSIDE PARK sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 WATERSIDE PARK, 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 WATERSIDE PARK). 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 WATERSIDE PARK?

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