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

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.

4 MELBURY is a midsized extended detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £489,531. It was last sold for £320,000 in June 2014, which was around 31% 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	£243,588	31% above HPI
2008 20 MAR	£330,000	£245,383	34% above HPI
2006 3 AUG	£285,000	£231,541	23% above HPI
1999 16 JUL	£114,000	£85,461	33% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 4 MELBURY be worth now?

4 MELBURY might now be worth an estimated £489,531.

This is based on house price inflation of 53%, between June 2014 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53% inflationary increase is applied to the most recent sale price for 4 MELBURY of £320,000 on 3rd June 2014. For the value to have increased from £320,000 to £489,531 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 4 MELBURY has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2014 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MELBURY has not materially changed since June 2014.

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 houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 4 MELBURY lies on this distribution: 51% of detached houses houses are smaller than 4 MELBURY, and 48% 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.