20, PARK AVENUE, WALLSEND, NE28 8DE - £293,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20 PARK AVENUE is a very large detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £359,211. It was last sold for £293,000 in March 2021, which was around 4% below the average March 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

20 PARK AVENUE Sold Prices

Land registry data shows four sales for 20 PARK AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Most of the four 20 PARK 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
2021 19 MAR	£293,000	£303,951	4% below HPI
2013 23 AUG	£240,000	£232,672	3% above HPI
2007 10 AUG	£312,500	£250,543	25% above HPI
2005 29 JUN	£277,000	£216,905	28% above HPI

20 PARK 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 four 20 PARK AVENUE sales between June 2005 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 August 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 20 PARK AVENUE be worth now?

20 PARK AVENUE might now be worth an estimated £359,211.

This is based on house price inflation of 22.6%, between March 2021 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 22.6% inflationary increase is applied to the most recent sale price for 20 PARK AVENUE of £293,000 on 19th March 2021. For the value to have increased from £293,000 to £359,211 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 20 PARK AVENUE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The March 2021 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PARK AVENUE has not materially changed since March 2021.

How Large is 20 PARK AVENUE?

20 PARK AVENUE is 159m² according to the EPC inspection conducted in January 2011. This puts it in the largest 10% of detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallsend, and where 20 PARK AVENUE lies on this distribution: 97% of detached houses houses are smaller than 20 PARK AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

20 PARK AVENUE: Plot and Title Map

20 PARK AVENUE sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 20 PARK 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 20 PARK 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 20 PARK AVENUE?

20 PARK AVENUE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 20 on PARK AVENUE.