40, GREENHILLS, KILLINGWORTH, NEWCASTLE UPON TYNE, NE12 5BB - £121,500

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.

40 GREENHILLS is a very small semi-detached house of 51m², built sometime between 1996 and 2002, which could now be worth an estimated £184,407. It was last sold for £121,500 in October 2014, which was around 18% below the average October 2014 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

40 GREENHILLS Sold Prices

Land registry data shows five sales for 40 GREENHILLS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the five 40 GREENHILLS sales were for below 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 24 OCT	£121,500	£147,277	18% below HPI
2006 26 MAY	£117,000	£139,919	16% below HPI
2004 30 JUL	£110,000	£126,139	13% below HPI
2001 25 MAY	£52,000	£56,246	8% below HPI
1997 1 DEC	£44,950	£45,306	1% below HPI

40 GREENHILLS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The five 40 GREENHILLS sales between December 1997 and October 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 May 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 40 GREENHILLS be worth now?

40 GREENHILLS might now be worth an estimated £184,407.

This is based on house price inflation of 51.8%, between October 2014 and February 2025, for semi-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 51.8% inflationary increase is applied to the most recent sale price for 40 GREENHILLS of £121,500 on 24th October 2014. For the value to have increased from £121,500 to £184,407 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 GREENHILLS has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The October 2014 sale price of £121,500 represented a fair market value for the property.
• The size, condition, and specification of 40 GREENHILLS has not materially changed since October 2014.

How Large is 40 GREENHILLS?

40 GREENHILLS is 51m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of semi-detached houses houses in Killingworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Killingworth, and where 40 GREENHILLS lies on this distribution: 1% of semi-detached houses houses are smaller than 40 GREENHILLS, and 99% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

40 GREENHILLS: Plot and Title Map

40 GREENHILLS sits on a plot of roughly 2.3 acres, or 9,294m². The below map shows the location of 40 GREENHILLS, 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 GREENHILLS). 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 GREENHILLS?

40 GREENHILLS is located in KILLINGWORTH, in the NE12 postcode district. The below map shows the position of No. 40 on GREENHILLS.