38, GREENHILLS, KILLINGWORTH, NEWCASTLE UPON TYNE, NE12 5BB - £217,000

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 GREENHILLS is a very small extended detached house of 73m², built sometime between 1996 and 2002. It was last sold for £217,000 in August 2021, which was around 31% below the average August 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

38 GREENHILLS Sold Prices

Land registry data shows three sales for 38 GREENHILLS 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 38 GREENHILLS 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 6 AUG	£217,000	£312,742	31% below HPI
2008 15 DEC	£145,000	£221,235	34% below HPI
1997 11 DEC	£69,995	£81,759	14% below HPI

38 GREENHILLS 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 38 GREENHILLS sales between December 1997 and August 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 December 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 38 GREENHILLS?

38 GREENHILLS is 73m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Killingworth, and where 38 GREENHILLS lies on this distribution: 13% of detached houses are smaller than 38 GREENHILLS, and 86% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

38 GREENHILLS: Plot and Title Map

38 GREENHILLS sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 38 GREENHILLS, 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 GREENHILLS). 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 GREENHILLS?

38 GREENHILLS is located in KILLINGWORTH, in the NE12 postcode district. The below map shows the position of No. 38 on GREENHILLS.