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
3 COANWOOD DRIVE is a very large extended detached house of 255m², built sometime from 2012 onwards. It was last sold for £396,000 in September 2015, which was around 52% above the average September 2015 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2024, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 3 COANWOOD DRIVE since 1st 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. Both of the two 3 COANWOOD DRIVE 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 |
---|---|---|---|
2015 15 SEP | £396,000 | £260,292 | 52% above HPI |
2014 23 MAY | £375,000 | £245,849 | 53% above HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 3 COANWOOD DRIVE sales from May 2014 and September 2015 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 May 2014 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the September 2015 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.
3 COANWOOD DRIVE is 255m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 10% 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 3 COANWOOD DRIVE lies on this distribution: 98% of detached houses are smaller than 3 COANWOOD DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.
3 COANWOOD DRIVE sits on a plot of roughly 28.3 acres, or 114,483m². The below map shows the location of 3 COANWOOD 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 3 COANWOOD 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.
3 COANWOOD DRIVE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 3 on COANWOOD DRIVE.