4, MELBURY, WHITLEY BAY, NE25 9XP - £320,000

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 MELBURY is a midsized extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £320,000 in June 2014, which was around 29% above the average June 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

4 MELBURY Sold Prices

Land registry data shows four sales for 4 MELBURY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 4 MELBURY 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
2014 3 JUN	£320,000	£247,743	29% above HPI
2008 20 MAR	£330,000	£249,569	32% above HPI
2006 3 AUG	£285,000	£235,491	21% above HPI
1999 16 JUL	£114,000	£86,919	31% above HPI

4 MELBURY 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 four 4 MELBURY sales between July 1999 and June 2014 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 March 2008 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2014 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 4 MELBURY?

4 MELBURY is 133m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 50% 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 MELBURY lies on this distribution: 51% of detached houses are smaller than 4 MELBURY, and 47% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

4 MELBURY: Plot and Title Map

4 MELBURY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 4 MELBURY, 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 MELBURY). 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 MELBURY?

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