23, GAINSBOROUGH CLOSE, WHITLEY BAY, NE25 9XA - £576,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

23 GAINSBOROUGH CLOSE is a large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £576,500 in July 2023, which was around 64% above the average July 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

23 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 23 GAINSBOROUGH 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 23 GAINSBOROUGH CLOSE 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
2023 7 JUL	£576,500	£351,885	64% above HPI
2018 26 JAN	£332,500	£281,183	18% above HPI

23 GAINSBOROUGH 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 23 GAINSBOROUGH CLOSE sales from January 2018 and July 2023 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 January 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2023 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 23 GAINSBOROUGH CLOSE?

23 GAINSBOROUGH CLOSE is 147m², which includes four extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 23 GAINSBOROUGH CLOSE lies on this distribution: 62% of detached houses are smaller than 23 GAINSBOROUGH CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

23 GAINSBOROUGH CLOSE: Plot and Title Map

23 GAINSBOROUGH CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 23 GAINSBOROUGH 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 23 GAINSBOROUGH 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 23 GAINSBOROUGH CLOSE?

23 GAINSBOROUGH CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 23 on GAINSBOROUGH CLOSE.