3, HOLMLANDS CLOSE, WHITLEY BAY, NE25 8ED - £136,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HOLMLANDS CLOSE is a small extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £457,078. It was last sold for £136,000 in December 2001, which was around 23% above the average December 2001 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

3 HOLMLANDS CLOSE Sold Prices

Land registry data shows two sales for 3 HOLMLANDS CLOSE since 1^st 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 HOLMLANDS CLOSE 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
2001 3 DEC	£136,000	£110,273	23% above HPI
1997 29 APR	£86,000	£74,748	15% above HPI

3 HOLMLANDS CLOSE 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 two 3 HOLMLANDS CLOSE sales from April 1997 and December 2001 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 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2001 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 3 HOLMLANDS CLOSE be worth now?

3 HOLMLANDS CLOSE might now be worth an estimated £457,078.

This is based on house price inflation of 236.1%, between December 2001 and December 2024, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 236.1% inflationary increase is applied to the most recent sale price for 3 HOLMLANDS CLOSE of £136,000 on 3rd December 2001. For the value to have increased from £136,000 to £457,078 over the 23 years to December 2024, the following assumptions must hold true:

• The value of 3 HOLMLANDS CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The December 2001 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOLMLANDS CLOSE has not materially changed since December 2001.

How Large is 3 HOLMLANDS CLOSE?

3 HOLMLANDS CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 3 HOLMLANDS CLOSE lies on this distribution: 33% of detached houses houses are smaller than 3 HOLMLANDS CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

3 HOLMLANDS CLOSE: Plot and Title Map

3 HOLMLANDS CLOSE sits on a plot of roughly 15.8 acres, or 64,096m². The below map shows the location of 3 HOLMLANDS CLOSE, 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 HOLMLANDS CLOSE). 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 3 HOLMLANDS CLOSE?

3 HOLMLANDS CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 3 on HOLMLANDS CLOSE.