24, ARDEN CLOSE, WALLSEND, NE28 9YB - £285,000

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

24 ARDEN CLOSE is a large extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £285,000 in May 2022, which was around 15% below the average May 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

24 ARDEN CLOSE Sold Prices

Land registry data shows two sales for 24 ARDEN 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. One of the two 24 ARDEN CLOSE sales was for below the average price, whilst the other was 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
2022 19 MAY	£285,000	£334,501	15% below HPI
2000 4 FEB	£93,500	£91,413	2% above HPI

24 ARDEN 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 24 ARDEN CLOSE sales from February 2000 and May 2022 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 24 ARDEN CLOSE?

24 ARDEN CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 24 ARDEN CLOSE lies on this distribution: 80% of detached houses are smaller than 24 ARDEN CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

24 ARDEN CLOSE: Plot and Title Map

24 ARDEN CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 24 ARDEN 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 24 ARDEN 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 24 ARDEN CLOSE?

24 ARDEN CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 24 on ARDEN CLOSE.