40, CLEVELAND ROAD, NORTH SHIELDS, NE29 0NW - £480,000

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

40 CLEVELAND ROAD is a very large detached house of 232m², built sometime between 1900 and 1929. It was last sold for £480,000 in July 2018, which was around 71% above the average July 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

40 CLEVELAND ROAD Sold Prices

Land registry data shows three sales for 40 CLEVELAND ROAD 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 40 CLEVELAND ROAD 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
2018 2 JUL	£480,000	£281,349	71% above HPI
2013 3 MAY	£405,000	£229,292	77% above HPI
1997 19 JUN	£132,500	£80,297	65% above HPI

40 CLEVELAND ROAD 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 40 CLEVELAND ROAD sales between June 1997 and July 2018 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 May 2013 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the July 2018 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 40 CLEVELAND ROAD?

40 CLEVELAND ROAD is 232m² according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 40 CLEVELAND ROAD lies on this distribution: 97% of detached houses are smaller than 40 CLEVELAND ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

40 CLEVELAND ROAD: Plot and Title Map

40 CLEVELAND ROAD sits on a plot of roughly 3.4 acres, or 13,887m². The below map shows the location of 40 CLEVELAND ROAD, 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 40 CLEVELAND ROAD). 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 40 CLEVELAND ROAD?

40 CLEVELAND ROAD is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 40 on CLEVELAND ROAD.