21, LANCASTER DRIVE, WALLSEND, NE28 9TE - £151,499

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

21 LANCASTER DRIVE is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £151,499 in May 2006, which was around 36% below the average May 2006 detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

21 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 21 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 21 LANCASTER DRIVE 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
2006 12 MAY	£151,499	£235,639	36% below HPI
2003 14 FEB	£100,000	£148,006	32% below HPI
1997 9 MAY	£58,000	£77,288	25% below HPI

21 LANCASTER DRIVE 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 three 21 LANCASTER DRIVE sales between May 1997 and May 2006 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 February 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2006 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 21 LANCASTER DRIVE?

21 LANCASTER DRIVE is 78m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 21 LANCASTER DRIVE lies on this distribution: 9% of detached houses are smaller than 21 LANCASTER DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

21 LANCASTER DRIVE: Plot and Title Map

21 LANCASTER DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 21 LANCASTER DRIVE, 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 21 LANCASTER DRIVE). 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 21 LANCASTER DRIVE?

21 LANCASTER DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 21 on LANCASTER DRIVE.