40, WOOLF DRIVE, SOUTH SHIELDS, NE34 9JU - £190,000

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 WOOLF DRIVE is a very small detached house of 88m². It was last sold for £190,000 in February 2021, which was around 25% below the average February 2021 detached price in the South Tyneside local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

40 WOOLF DRIVE Sold Prices

Land registry data shows two sales for 40 WOOLF 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 WOOLF 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
2021 12 FEB	£190,000	£253,691	25% below HPI
2015 26 JUN	£175,950	£213,841	18% below HPI

40 WOOLF 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 WOOLF DRIVE sales from June 2015 and February 2021 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 June 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 WOOLF DRIVE?

40 WOOLF DRIVE is 88m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 40 WOOLF DRIVE lies on this distribution: 19% of detached houses are smaller than 40 WOOLF DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in South Shields.

40 WOOLF DRIVE: Plot and Title Map

40 WOOLF DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 40 WOOLF 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 WOOLF 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 WOOLF DRIVE?

40 WOOLF DRIVE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 40 on WOOLF DRIVE.