23, THE RIVERSIDE, HEBBURN, NE31 1BG - £315,000

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 THE RIVERSIDE is a midsized detached house of 111m², built sometime between 1991 and 1995. It was last sold for £315,000 in December 2016, which was around 38% above the average December 2016 detached price in the South Tyneside local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

23 THE RIVERSIDE Sold Prices

Land registry data shows three sales for 23 THE RIVERSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 23 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
2016 19 DEC	£315,000	£228,571	38% above HPI
2012 28 SEP	£260,000	£203,019	28% above HPI
2000 21 FEB	£118,000	£94,261	25% above HPI

23 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 three 23 THE RIVERSIDE sales between February 2000 and December 2016 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 2012 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2016 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 23 THE RIVERSIDE?

23 THE RIVERSIDE is 111m² according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 23 THE RIVERSIDE lies on this distribution: 54% of detached houses are smaller than 23 THE RIVERSIDE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

23 THE RIVERSIDE: Plot and Title Map

23 THE RIVERSIDE sits on a plot of roughly 42.8 acres, or 173,084m². The below map shows the location of 23 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 23 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 23 THE RIVERSIDE?

23 THE RIVERSIDE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 23 on THE RIVERSIDE.