22, HOLMES DRIVE, HEBBURN, NE31 2BF - £213,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 HOLMES DRIVE is a very small detached house of 88m². It was last sold for £213,000 in February 2018, which was around 6% below the average February 2018 detached price in the South Tyneside local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

22 HOLMES DRIVE Sold Prices

Land registry data shows two sales for 22 HOLMES DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 22 HOLMES 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
2018 19 FEB	£213,000	£226,620	6% below HPI
2017 29 SEP	£212,995	£230,183	7% below HPI

22 HOLMES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 22 HOLMES DRIVE sales from September 2017 and February 2018 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 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 22 HOLMES DRIVE?

22 HOLMES DRIVE is 88m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 22 HOLMES DRIVE lies on this distribution: 17% of detached houses are smaller than 22 HOLMES DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

22 HOLMES DRIVE: Plot and Title Map

22 HOLMES DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 22 HOLMES 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 22 HOLMES 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 22 HOLMES DRIVE?

22 HOLMES DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 22 on HOLMES DRIVE.