39, OLWEN DRIVE, HEBBURN, NE31 1AR - £210,000

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.

39 OLWEN DRIVE is a small extended detached house of 98m², built sometime from 2007 onwards, which could now be worth an estimated £255,957. It was last sold for £210,000 in December 2019, which was around 16% below the average December 2019 detached price in the South Tyneside local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

39 OLWEN DRIVE Sold Prices

Land registry data shows three sales for 39 OLWEN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 39 OLWEN 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
2019 12 DEC	£210,000	£249,884	16% below HPI
2016 5 SEP	£217,000	£231,532	6% below HPI
2008 28 MAR	£216,440	£235,311	8% below HPI

39 OLWEN DRIVE 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 three 39 OLWEN DRIVE sales between March 2008 and December 2019 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 September 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 39 OLWEN DRIVE be worth now?

39 OLWEN DRIVE might now be worth an estimated £255,957.

This is based on house price inflation of 21.9%, between December 2019 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 39 OLWEN DRIVE of £210,000 on 12th December 2019. For the value to have increased from £210,000 to £255,957 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 39 OLWEN DRIVE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The December 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 39 OLWEN DRIVE has not materially changed since December 2019.

How Large is 39 OLWEN DRIVE?

39 OLWEN DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hebburn, and where 39 OLWEN DRIVE lies on this distribution: 33% of detached houses houses are smaller than 39 OLWEN DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

39 OLWEN DRIVE: Plot and Title Map

39 OLWEN DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 39 OLWEN 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 39 OLWEN 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 39 OLWEN DRIVE?

39 OLWEN DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 39 on OLWEN DRIVE.