3, WOOLER SQUARE, WIDEOPEN, NEWCASTLE UPON TYNE, NE13 6NL - £115,000

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 WOOLER SQUARE is a very small extended semi-detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £178,562. It was last sold for £115,000 in April 2007, which was around 20% below the average April 2007 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

3 WOOLER SQUARE Sold Prices

Land registry data shows two sales for 3 WOOLER SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 3 WOOLER SQUARE 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
2007 27 APR	£115,000	£143,512	20% below HPI
2003 28 AUG	£75,000	£98,888	24% below HPI

3 WOOLER SQUARE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 3 WOOLER SQUARE sales from August 2003 and April 2007 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 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2007 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 WOOLER SQUARE be worth now?

3 WOOLER SQUARE might now be worth an estimated £178,562.

This is based on house price inflation of 55.3%, between April 2007 and December 2024, for semi-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 55.3% inflationary increase is applied to the most recent sale price for 3 WOOLER SQUARE of £115,000 on 27th April 2007. For the value to have increased from £115,000 to £178,562 over the sixteen years and four months to December 2024, the following assumptions must hold true:

• The value of 3 WOOLER SQUARE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The April 2007 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOOLER SQUARE has not materially changed since April 2007.

How Large is 3 WOOLER SQUARE?

3 WOOLER SQUARE is 69m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of semi-detached houses houses in Wideopen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wideopen, and where 3 WOOLER SQUARE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 WOOLER SQUARE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wideopen.

3 WOOLER SQUARE: Plot and Title Map

3 WOOLER SQUARE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 WOOLER SQUARE, 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 WOOLER SQUARE). 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 WOOLER SQUARE?

3 WOOLER SQUARE is located in WIDEOPEN, in the NE13 postcode district. The below map shows the position of No. 3 on WOOLER SQUARE.