40, GROSVENOR DRIVE, WHITLEY BAY, NE26 2JS - £430,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 GROSVENOR DRIVE is a very large extended semi-detached house of 179m², built sometime between 1900 and 1929, which could now be worth an estimated £559,300. It was last sold for £430,000 in August 2020, which was around 150% above the average August 2020 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

40 GROSVENOR DRIVE Sold Prices

Land registry data shows two sales for 40 GROSVENOR DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 40 GROSVENOR DRIVE 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
2020 25 AUG	£430,000	£171,854	150% above HPI
1998 29 APR	£107,500	£47,727	125% above HPI

40 GROSVENOR DRIVE 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 two 40 GROSVENOR DRIVE sales from April 1998 and August 2020 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 April 1998 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the August 2020 sale, where it rises to 150% above the HPI. The line then continues to track at 150% above the HPI.

What might 40 GROSVENOR DRIVE be worth now?

40 GROSVENOR DRIVE might now be worth an estimated £559,300.

This is based on house price inflation of 30.1%, between August 2020 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 30.1% inflationary increase is applied to the most recent sale price for 40 GROSVENOR DRIVE of £430,000 on 25th August 2020. For the value to have increased from £430,000 to £559,300 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 40 GROSVENOR DRIVE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The August 2020 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 40 GROSVENOR DRIVE has not materially changed since August 2020.

How Large is 40 GROSVENOR DRIVE?

40 GROSVENOR DRIVE is 179m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of semi-detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whitley Bay, and where 40 GROSVENOR DRIVE lies on this distribution: 82% of semi-detached houses houses are smaller than 40 GROSVENOR DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

40 GROSVENOR DRIVE: Plot and Title Map

40 GROSVENOR DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 40 GROSVENOR DRIVE, 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 GROSVENOR DRIVE). 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 GROSVENOR DRIVE?

40 GROSVENOR DRIVE is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 40 on GROSVENOR DRIVE.