40, REGENT DRIVE, HEBBURN, NE31 2EF - £247,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 REGENT DRIVE is a small detached house of 100m². It was last sold for £247,000 in April 2023, which was around 13% below the average April 2023 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

40 REGENT DRIVE Sold Prices

Land registry data shows two sales for 40 REGENT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 40 REGENT DRIVE 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
2023 14 APR	£247,000	£283,013	13% below HPI
2016 26 AUG	£214,995	£230,158	7% below HPI

40 REGENT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 40 REGENT DRIVE sales from August 2016 and April 2023 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 August 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 40 REGENT DRIVE?

40 REGENT DRIVE is 100m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 40 REGENT DRIVE lies on this distribution: 35% of detached houses are smaller than 40 REGENT DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

40 REGENT DRIVE: Plot and Title Map

40 REGENT DRIVE sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 40 REGENT 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 REGENT 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 REGENT DRIVE?

40 REGENT DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 40 on REGENT DRIVE.