24, GREEN CLOSE, NORTH SHIELDS, NE30 2TY - £520,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 GREEN CLOSE is a large extended detached house of 122m², built sometime between 1991 and 1995. It was last sold for £520,000 in August 2023, which was around 43% above the average August 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

24 GREEN CLOSE Sold Prices

Land registry data shows four sales for 24 GREEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 24 GREEN 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 3 AUG	£520,000	£363,630	43% above HPI
2016 17 JUN	£455,000	£266,170	71% above HPI
2011 25 MAR	£250,000	£219,156	14% above HPI
2001 11 DEC	£187,500	£112,154	67% above HPI

24 GREEN 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 four 24 GREEN CLOSE sales between December 2001 and August 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 June 2016 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the August 2023 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 24 GREEN CLOSE?

24 GREEN CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 24 GREEN CLOSE lies on this distribution: 61% of detached houses are smaller than 24 GREEN CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

24 GREEN CLOSE: Plot and Title Map

24 GREEN CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 24 GREEN 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 GREEN 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 GREEN CLOSE?

24 GREEN CLOSE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 24 on GREEN CLOSE.