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 STAMFORDHAM CLOSE is a midsized extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £180,000 in April 2022, which was around 46% below the average April 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 STAMFORDHAM CLOSE 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 STAMFORDHAM CLOSE 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 |
---|---|---|---|
2022 22 APR | £180,000 | £333,846 | 46% below HPI |
2021 6 AUG | £155,000 | £312,742 | 50% below 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 STAMFORDHAM CLOSE sales from August 2021 and April 2022 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 August 2021 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
3 STAMFORDHAM CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 3 STAMFORDHAM CLOSE lies on this distribution: 42% of detached houses are smaller than 3 STAMFORDHAM CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Wallsend.
3 STAMFORDHAM CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 3 STAMFORDHAM 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 STAMFORDHAM 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.
3 STAMFORDHAM CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 3 on STAMFORDHAM CLOSE.