21, THE COVERS, WALLSEND, NE28 7QQ - £156,000

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

21 THE COVERS is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £156,000 in April 2013, which was around 32% below the average April 2013 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

21 THE COVERS Sold Prices

Land registry data shows three sales for 21 THE COVERS 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 THE COVERS 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
2013 29 APR	£156,000	£229,202	32% below HPI
2006 8 SEP	£185,000	£238,611	22% below HPI
2000 7 APR	£85,000	£92,686	8% below HPI

21 THE COVERS 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 THE COVERS sales between April 2000 and April 2013 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 September 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 21 THE COVERS?

21 THE COVERS is 85m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% 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 THE COVERS lies on this distribution: 24% of detached houses are smaller than 21 THE COVERS, and 76% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

21 THE COVERS: Plot and Title Map

21 THE COVERS sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 21 THE COVERS, 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 THE COVERS). 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 THE COVERS?

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