31, FAIRWAYS, WHITLEY BAY, NE25 9YG - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 FAIRWAYS is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £346,532. It was last sold for £255,000 in May 2018, which was around 7% below the average May 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

31 FAIRWAYS Sold Prices

Land registry data shows two sales for 31 FAIRWAYS 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 31 FAIRWAYS 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
2018 4 MAY	£255,000	£274,210	7% below HPI
2014 8 APR	£220,000	£243,986	10% below HPI

31 FAIRWAYS 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 31 FAIRWAYS sales from April 2014 and May 2018 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 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 31 FAIRWAYS be worth now?

31 FAIRWAYS might now be worth an estimated £346,532.

This is based on house price inflation of 35.9%, between May 2018 and February 2025, 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 35.9% inflationary increase is applied to the most recent sale price for 31 FAIRWAYS of £255,000 on 4th May 2018. For the value to have increased from £255,000 to £346,532 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 31 FAIRWAYS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The May 2018 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FAIRWAYS has not materially changed since May 2018.

How Large is 31 FAIRWAYS?

31 FAIRWAYS is 60m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% 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 31 FAIRWAYS lies on this distribution: 1% of detached houses houses are smaller than 31 FAIRWAYS, and 98% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

31 FAIRWAYS: Plot and Title Map

31 FAIRWAYS sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 31 FAIRWAYS, 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 31 FAIRWAYS). 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 31 FAIRWAYS?

31 FAIRWAYS is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 31 on FAIRWAYS.