2, WESTERN WAY, WHITLEY BAY, NE26 1JD - £185,000

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 WESTERN WAY is a very small semi-detached house of 99m², which could now be worth an estimated £307,181. It was last sold for £185,000 in February 2010, which was around 37% above the average February 2010 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

2 WESTERN WAY Sold Prices

Land registry data shows two sales for 2 WESTERN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 2 WESTERN WAY sales were for above 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
2010 19 FEB	£185,000	£134,621	37% above HPI
2009 16 MAR	£168,950	£127,285	33% above HPI

2 WESTERN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 2 WESTERN WAY sales from March 2009 and February 2010 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 March 2009 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2010 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 2 WESTERN WAY be worth now?

2 WESTERN WAY might now be worth an estimated £307,181.

This is based on house price inflation of 66%, between February 2010 and February 2025, for semi-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 66% inflationary increase is applied to the most recent sale price for 2 WESTERN WAY of £185,000 on 19th February 2010. For the value to have increased from £185,000 to £307,181 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of 2 WESTERN WAY has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The February 2010 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WESTERN WAY has not materially changed since February 2010.

How Large is 2 WESTERN WAY?

2 WESTERN WAY is 99m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of semi-detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whitley Bay, and where 2 WESTERN WAY lies on this distribution: 16% of semi-detached houses houses are smaller than 2 WESTERN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

2 WESTERN WAY: Plot and Title Map

2 WESTERN WAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 WESTERN WAY, 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 WESTERN WAY). 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 WESTERN WAY?

2 WESTERN WAY is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 2 on WESTERN WAY.