38, TARRAGON WAY, SOUTH SHIELDS, NE34 8TB - £245,000

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 TARRAGON WAY is a large extended detached house of 130m², built sometime between 1976 and 1982. It was last sold for £245,000 in December 2017, which was around 4% above the average December 2017 detached price in the South Tyneside local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

38 TARRAGON WAY Sold Prices

Land registry data shows two sales for 38 TARRAGON 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 South Tyneside local authority area for the corresponding sale date. Both of the two 38 TARRAGON WAY sales were for above 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
2017 6 DEC	£245,000	£235,283	4% above HPI
2002 28 JAN	£107,500	£106,206	1% above HPI

38 TARRAGON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 38 TARRAGON WAY sales from January 2002 and December 2017 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 January 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 38 TARRAGON WAY?

38 TARRAGON WAY is 130m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 30% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 38 TARRAGON WAY lies on this distribution: 71% of detached houses are smaller than 38 TARRAGON WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in South Shields.

38 TARRAGON WAY: Plot and Title Map

38 TARRAGON WAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 38 TARRAGON 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 38 TARRAGON 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 38 TARRAGON WAY?

38 TARRAGON WAY is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 38 on TARRAGON WAY.