22, THE RIVERSIDE, HEBBURN, NE31 1BG - £300,000

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 THE RIVERSIDE is a very large extended detached house of 157m², built sometime between 1991 and 1995. It was last sold for £300,000 in July 2018, which was around 25% above the average July 2018 detached price in the South Tyneside local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

22 THE RIVERSIDE Sold Prices

Land registry data shows two sales for 22 THE RIVERSIDE 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 THE RIVERSIDE 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
2018 31 JUL	£300,000	£240,739	25% above HPI
1999 30 JUL	£107,000	£93,945	14% above HPI

22 THE RIVERSIDE 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 THE RIVERSIDE sales from July 1999 and July 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 July 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 22 THE RIVERSIDE?

22 THE RIVERSIDE is 157m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 10% 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 THE RIVERSIDE lies on this distribution: 96% of detached houses are smaller than 22 THE RIVERSIDE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

22 THE RIVERSIDE: Plot and Title Map

22 THE RIVERSIDE sits on a plot of roughly 42.8 acres, or 173,084m². The below map shows the location of 22 THE RIVERSIDE, 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 THE RIVERSIDE). 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 THE RIVERSIDE?

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