33, EDGE WAY, WALLSEND, NE28 9FH - £249,950

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

33 EDGE WAY is a large detached house of 113m². It was last sold for £249,950 in March 2021, which was around 19% below the average March 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

33 EDGE WAY Sold Prices

Land registry data shows two sales for 33 EDGE WAY 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 33 EDGE WAY 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
2021 26 MAR	£249,950	£309,136	19% below HPI
2018 29 MAR	£239,950	£282,335	15% below HPI

33 EDGE 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 two 33 EDGE WAY sales from March 2018 and March 2021 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 March 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 33 EDGE WAY?

33 EDGE WAY is 113m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 33 EDGE WAY lies on this distribution: 62% of detached houses are smaller than 33 EDGE WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

33 EDGE WAY: Plot and Title Map

33 EDGE WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 33 EDGE 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 33 EDGE 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 33 EDGE WAY?

33 EDGE WAY is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 33 on EDGE WAY.