23, SOUTHWARD WAY, HOLYWELL, WHITLEY BAY, NE25 0NJ - £205,000

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

23 SOUTHWARD WAY is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £205,000 in January 2021, which was around 28% below the average January 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

23 SOUTHWARD WAY Sold Prices

Land registry data shows two sales for 23 SOUTHWARD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 23 SOUTHWARD WAY 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
2021 29 JAN	£205,000	£283,795	28% below HPI
2000 2 FEB	£66,500	£95,796	31% below HPI

23 SOUTHWARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 23 SOUTHWARD WAY sales from February 2000 and January 2021 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 February 2000 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 23 SOUTHWARD WAY?

23 SOUTHWARD WAY is 86m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Seaton Delaval, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton Delaval, and where 23 SOUTHWARD WAY lies on this distribution: 12% of detached houses are smaller than 23 SOUTHWARD WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Seaton Delaval.

23 SOUTHWARD WAY: Plot and Title Map

23 SOUTHWARD WAY sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 23 SOUTHWARD WAY, 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 SOUTHWARD WAY). 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 SOUTHWARD WAY?

23 SOUTHWARD WAY is located in HOLYWELL, in the NE25 postcode district. The below map shows the position of No. 23 on SOUTHWARD WAY.