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 NICHOLAS AVENUE is a large extended detached house of 176m², built sometime between 1950 and 1966. It was last sold for £380,000 in January 2023, which was around 32% above the average January 2023 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 24 NICHOLAS AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 24 NICHOLAS AVENUE 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 16 JAN | £380,000 | £287,634 | 32% above HPI |
1998 17 JUL | £130,000 | £90,704 | 43% above HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 24 NICHOLAS AVENUE sales from July 1998 and January 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 July 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2023 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.
24 NICHOLAS AVENUE is 176m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses in Whitburn, based on EPC data. The below chart shows the distribution of detached houses by size in Whitburn, and where 24 NICHOLAS AVENUE lies on this distribution: 78% of detached houses are smaller than 24 NICHOLAS AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Whitburn.
24 NICHOLAS AVENUE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 24 NICHOLAS AVENUE, 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 NICHOLAS AVENUE). 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.
24 NICHOLAS AVENUE is located in WHITBURN, in the SR6 postcode district. The below map shows the position of No. 24 on NICHOLAS AVENUE.