268, ABBOTS WAY, NORTH SHIELDS, NE29 8LR - £230,000

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

268 ABBOTS WAY is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £230,000 in July 2016, which was around 15% below the average July 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

268 ABBOTS WAY Sold Prices

Land registry data shows three sales for 268 ABBOTS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Two of the three 268 ABBOTS WAY sales were for below the average price, whilst one 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
2016 15 JUL	£230,000	£270,860	15% below HPI
2005 24 MAR	£228,000	£219,656	4% above HPI
1996 13 DEC	£70,950	£77,143	8% below HPI

268 ABBOTS WAY 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 three 268 ABBOTS WAY sales between December 1996 and July 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 March 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 268 ABBOTS WAY?

268 ABBOTS WAY is 102m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 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 268 ABBOTS WAY lies on this distribution: 40% of detached houses are smaller than 268 ABBOTS WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

268 ABBOTS WAY: Plot and Title Map

268 ABBOTS WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 268 ABBOTS WAY, 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 268 ABBOTS WAY). 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 268 ABBOTS WAY?

268 ABBOTS WAY is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 268 on ABBOTS WAY.