22, WALTHAM CLOSE, WALLSEND, NE28 8TA - £180,000

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

22 WALTHAM CLOSE is a very small extended detached house of 43m², built sometime between 2003 and 2006, which could now be worth an estimated £195,342. It was last sold for £180,000 in June 2024, which was around 48% below the average June 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

22 WALTHAM CLOSE Sold Prices

Land registry data shows two sales for 22 WALTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 22 WALTHAM CLOSE 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
2024 14 JUN	£180,000	£343,370	48% below HPI
2020 31 JUL	£160,000	£290,854	45% below HPI

22 WALTHAM CLOSE 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 two 22 WALTHAM CLOSE sales from July 2020 and June 2024 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 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 22 WALTHAM CLOSE be worth now?

22 WALTHAM CLOSE might now be worth an estimated £195,342.

This is based on house price inflation of 8.5%, between June 2024 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 8.5% inflationary increase is applied to the most recent sale price for 22 WALTHAM CLOSE of £180,000 on 14th June 2024. For the value to have increased from £180,000 to £195,342 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 22 WALTHAM CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WALTHAM CLOSE has not materially changed since June 2024.

How Large is 22 WALTHAM CLOSE?

22 WALTHAM CLOSE is 43m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 22 WALTHAM CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 22 WALTHAM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

22 WALTHAM CLOSE: Plot and Title Map

22 WALTHAM CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 22 WALTHAM CLOSE, 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 WALTHAM CLOSE). 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 WALTHAM CLOSE?

22 WALTHAM CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 22 on WALTHAM CLOSE.