4, CHAFFINCH DRIVE, HEBBURN, NE31 1BF - £212,950

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.

4 CHAFFINCH DRIVE is a small semi-detached house of 95m², built in 2021, which could now be worth an estimated £249,046. It was last sold for £212,950 in July 2021, which was around 37% above the average July 2021 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.

4 CHAFFINCH DRIVE Sold Prices

Land registry data shows two sales for 4 CHAFFINCH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 4 CHAFFINCH DRIVE 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
2021 30 JUL	£212,950	£155,702	37% above HPI
2017 21 NOV	£8,304,625	£136,756	5973% above HPI

4 CHAFFINCH DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 4 CHAFFINCH DRIVE sales from November 2017 and July 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 November 2017 sale was for 5973% above the HPI. So the extrapolation line tracks at 5973% above the HPI over time, until the July 2021 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 4 CHAFFINCH DRIVE be worth now?

4 CHAFFINCH DRIVE might now be worth an estimated £249,046.

This is based on house price inflation of 17%, between July 2021 and February 2025, for semi-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 17% inflationary increase is applied to the most recent sale price for 4 CHAFFINCH DRIVE of £212,950 on 30th July 2021. For the value to have increased from £212,950 to £249,046 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 4 CHAFFINCH DRIVE has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The July 2021 sale price of £212,950 represented a fair market value for the property.
• The size, condition, and specification of 4 CHAFFINCH DRIVE has not materially changed since July 2021.

How Large is 4 CHAFFINCH DRIVE?

4 CHAFFINCH DRIVE is 95m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of semi-detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hebburn, and where 4 CHAFFINCH DRIVE lies on this distribution: 29% of semi-detached houses houses are smaller than 4 CHAFFINCH DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

4 CHAFFINCH DRIVE: Plot and Title Map

4 CHAFFINCH DRIVE sits on a plot of roughly 4.5 acres, or 18,247m². The below map shows the location of 4 CHAFFINCH 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 4 CHAFFINCH 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 4 CHAFFINCH DRIVE?

4 CHAFFINCH DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 4 on CHAFFINCH DRIVE.