4, COLSTON WAY, WHITLEY BAY, NE25 9UF - £715,000

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

4 COLSTON WAY is a large extended detached house of 169m², built sometime between 1967 and 1975. It was last sold for £715,000 in December 2023, which was around 103% above the average December 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

4 COLSTON WAY Sold Prices

Land registry data shows three sales for 4 COLSTON WAY 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 4 COLSTON 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
2023 5 DEC	£715,000	£352,646	103% above HPI
2020 12 OCT	£575,000	£306,085	88% above HPI
2018 29 OCT	£390,000	£289,110	35% above HPI

4 COLSTON WAY 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 4 COLSTON WAY sales between October 2018 and December 2023 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 October 2020 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the December 2023 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 4 COLSTON WAY?

4 COLSTON WAY is 169m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 4 COLSTON WAY lies on this distribution: 80% of detached houses are smaller than 4 COLSTON WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

4 COLSTON WAY: Plot and Title Map

4 COLSTON WAY sits on a plot of roughly 103.6 acres, or 419,392m². The below map shows the location of 4 COLSTON 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 4 COLSTON 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 4 COLSTON WAY?

4 COLSTON WAY is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 4 on COLSTON WAY.