24, MONKRIDGE, WHITLEY BAY, NE26 3EH - £270,000

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 MONKRIDGE is a very small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £270,000 in August 2020, which was around 9% below the average August 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

24 MONKRIDGE Sold Prices

Land registry data shows two sales for 24 MONKRIDGE 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 MONKRIDGE 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
2020 7 AUG	£270,000	£296,568	9% below HPI
1996 28 JUN	£110,000	£76,526	44% above HPI

24 MONKRIDGE 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 MONKRIDGE sales from June 1996 and August 2020 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 1996 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 24 MONKRIDGE?

24 MONKRIDGE is 95m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% 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 24 MONKRIDGE lies on this distribution: 14% of detached houses are smaller than 24 MONKRIDGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

24 MONKRIDGE: Plot and Title Map

24 MONKRIDGE sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 24 MONKRIDGE, 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 MONKRIDGE). 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 MONKRIDGE?

24 MONKRIDGE is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 24 on MONKRIDGE.