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
3 ULLSWATER DRIVE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £260,000 in July 2023, which was around 26% below the average July 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 3 ULLSWATER DRIVE since 1st 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 3 ULLSWATER 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 |
---|---|---|---|
2023 5 JUL | £260,000 | £351,885 | 26% below HPI |
2018 5 OCT | £202,500 | £289,110 | 30% below HPI |
2013 19 JUL | £185,000 | £228,665 | 19% below HPI |
2006 24 NOV | £199,950 | £240,524 | 17% 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 four 3 ULLSWATER DRIVE sales between November 2006 and July 2023 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 October 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
3 ULLSWATER DRIVE is 73m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Killingworth, and where 3 ULLSWATER DRIVE lies on this distribution: 13% of detached houses are smaller than 3 ULLSWATER DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Killingworth.
3 ULLSWATER DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 ULLSWATER 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 ULLSWATER 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 ULLSWATER DRIVE is located in KILLINGWORTH, in the NE12 postcode district. The below map shows the position of No. 3 on ULLSWATER DRIVE.