3, WESTERN WAY, WHITLEY BAY, NE26 1JD - £380,000

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 WESTERN WAY is a midsized detached house of 138m², built sometime between 1967 and 1975. It was last sold for £380,000 in July 2020, which was around 28% above the average July 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 WESTERN WAY Sold Prices

Land registry data shows three sales for 3 WESTERN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 3 WESTERN WAY 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
2020 10 JUL	£380,000	£295,816	28% above HPI
2015 7 JUL	£323,000	£255,543	26% above HPI
2000 11 MAY	£112,000	£93,159	20% above HPI

3 WESTERN WAY 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 three 3 WESTERN WAY sales between May 2000 and July 2020 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 July 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 3 WESTERN WAY?

3 WESTERN WAY is 138m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% 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 WESTERN WAY lies on this distribution: 56% of detached houses are smaller than 3 WESTERN WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

3 WESTERN WAY: Plot and Title Map

3 WESTERN WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 3 WESTERN WAY, 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 WESTERN WAY). 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 WESTERN WAY?

3 WESTERN WAY is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 3 on WESTERN WAY.