38, BEACON DRIVE, WIDEOPEN, NEWCASTLE UPON TYNE, NE13 7HB - £163,000

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

38 BEACON DRIVE is a very large extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £163,000 in December 2013, which was around 30% below the average December 2013 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

38 BEACON DRIVE Sold Prices

Land registry data shows two sales for 38 BEACON DRIVE 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 38 BEACON 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
2013 2 DEC	£163,000	£231,615	30% below HPI
2003 17 DEC	£150,000	£179,741	17% below HPI

38 BEACON DRIVE 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 38 BEACON DRIVE sales from December 2003 and December 2013 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 December 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 BEACON DRIVE?

38 BEACON DRIVE is 121m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 20% of detached houses in Brunswick Village, based on EPC data. The below chart shows the distribution of detached houses by size in Brunswick Village, and where 38 BEACON DRIVE lies on this distribution: 80% of detached houses are smaller than 38 BEACON DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Brunswick Village.

38 BEACON DRIVE: Plot and Title Map

38 BEACON DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 38 BEACON 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 38 BEACON 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.

Where is 38 BEACON DRIVE?

38 BEACON DRIVE is located in WIDEOPEN, in the NE13 postcode district. The below map shows the position of No. 38 on BEACON DRIVE.