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

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.

38 GREENHILLS is a very small extended detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £262,969. It was last sold for £217,000 in August 2021, which was around 29% 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	£307,497	29% below HPI
2008 15 DEC	£145,000	£217,524	33% below HPI
1997 11 DEC	£69,995	£80,388	13% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 38 GREENHILLS be worth now?

38 GREENHILLS might now be worth an estimated £262,969.

This is based on house price inflation of 21.2%, between August 2021 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 21.2% inflationary increase is applied to the most recent sale price for 38 GREENHILLS of £217,000 on 6th August 2021. For the value to have increased from £217,000 to £262,969 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 38 GREENHILLS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The August 2021 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GREENHILLS has not materially changed since August 2021.

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 houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Killingworth, and where 38 GREENHILLS lies on this distribution: 13% of detached houses 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.