28, LANCASTER DRIVE, WALLSEND, NE28 9TE - £150,000

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

28 LANCASTER DRIVE is a midsized extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £150,000 in March 2012, which was around 34% below the average March 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

28 LANCASTER DRIVE Sold Prices

Land registry data shows four sales for 28 LANCASTER DRIVE 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 28 LANCASTER DRIVE sales were for below 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
2012 23 MAR	£150,000	£227,369	34% below HPI
2004 22 DEC	£167,995	£221,562	24% below HPI
2000 4 OCT	£73,950	£99,298	26% below HPI
1996 13 DEC	£59,500	£77,143	23% below HPI

28 LANCASTER DRIVE 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 28 LANCASTER DRIVE sales between December 1996 and March 2012 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 December 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2012 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 28 LANCASTER DRIVE?

28 LANCASTER DRIVE is 102m², which includes three extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 28 LANCASTER DRIVE lies on this distribution: 51% of detached houses are smaller than 28 LANCASTER DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

28 LANCASTER DRIVE: Plot and Title Map

28 LANCASTER DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 28 LANCASTER DRIVE, 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 28 LANCASTER DRIVE). 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 28 LANCASTER DRIVE?

28 LANCASTER DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 28 on LANCASTER DRIVE.