28, PENROSE PLACE, HEBBURN, NE31 2AY - £332,500

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

28 PENROSE PLACE is a very large detached house of 139m². It was last sold for £332,500 in March 2021, which was around 32% above the average March 2021 detached price in the South Tyneside local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

28 PENROSE PLACE Sold Prices

Land registry data shows two sales for 28 PENROSE PLACE since 1^st 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 28 PENROSE PLACE 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
2021 15 MAR	£332,500	£251,990	32% above HPI
2018 27 APR	£314,995	£226,389	39% above HPI

28 PENROSE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 28 PENROSE PLACE sales from April 2018 and March 2021 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 April 2018 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 28 PENROSE PLACE?

28 PENROSE PLACE is 139m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 28 PENROSE PLACE lies on this distribution: 92% of detached houses are smaller than 28 PENROSE PLACE, and 7% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

28 PENROSE PLACE: Plot and Title Map

28 PENROSE PLACE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 28 PENROSE PLACE, 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 PENROSE PLACE). 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 PENROSE PLACE?

28 PENROSE PLACE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 28 on PENROSE PLACE.