2, WESTLEY AVENUE, WHITLEY BAY, NE26 4NW - £709,000

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 WESTLEY AVENUE is a very large detached house of 179m², built sometime between 1950 and 1966. It was last sold for £709,000 in June 2023, which was around 100% above the average June 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

2 WESTLEY AVENUE Sold Prices

Land registry data shows six sales for 2 WESTLEY AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the six 2 WESTLEY AVENUE 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
2023 30 JUN	£709,000	£354,325	100% above HPI
2019 9 OCT	£483,000	£292,860	65% above HPI
2018 9 JUL	£525,000	£281,349	87% above HPI
2007 27 JUN	£470,000	£248,048	89% above HPI
1998 27 NOV	£140,000	£87,628	60% above HPI
1998 9 APR	£125,000	£86,259	45% above HPI

2 WESTLEY AVENUE 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 six 2 WESTLEY AVENUE sales between April 1998 and June 2023 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 2019 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2023 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 2 WESTLEY AVENUE?

2 WESTLEY AVENUE is 179m² according to the EPC inspection conducted in February 2018. This puts it in the largest 20% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 2 WESTLEY AVENUE lies on this distribution: 83% of detached houses are smaller than 2 WESTLEY AVENUE, and 17% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

2 WESTLEY AVENUE: Plot and Title Map

2 WESTLEY AVENUE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 2 WESTLEY AVENUE, 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 WESTLEY AVENUE). 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 WESTLEY AVENUE?

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