41, GROSVENOR DRIVE, WHITLEY BAY, NE26 2JR - £392,500

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.

41 GROSVENOR DRIVE is a large extended semi-detached house of 167m², built sometime between 1930 and 1949, which could now be worth an estimated £527,409. It was last sold for £392,500 in October 2018, which was around 136% above the average October 2018 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was D.

41 GROSVENOR DRIVE Sold Prices

Land registry data shows two sales for 41 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. One of the two 41 GROSVENOR DRIVE sales was for above the average price, whilst the other was 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
2018 22 OCT	£392,500	£166,352	136% above HPI
2013 18 FEB	£117,500	£132,453	11% below HPI

41 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 41 GROSVENOR DRIVE sales from February 2013 and October 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 February 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2018 sale, where it rises to 136% above the HPI. The line then continues to track at 136% above the HPI.

What might 41 GROSVENOR DRIVE be worth now?

41 GROSVENOR DRIVE might now be worth an estimated £527,409.

This is based on house price inflation of 34.4%, between October 2018 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 34.4% inflationary increase is applied to the most recent sale price for 41 GROSVENOR DRIVE of £392,500 on 22nd October 2018. For the value to have increased from £392,500 to £527,409 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 41 GROSVENOR DRIVE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The October 2018 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 41 GROSVENOR DRIVE has not materially changed since October 2018.

How Large is 41 GROSVENOR DRIVE?

41 GROSVENOR DRIVE is 167m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% 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 41 GROSVENOR DRIVE lies on this distribution: 78% of semi-detached houses houses are smaller than 41 GROSVENOR DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

41 GROSVENOR DRIVE: Plot and Title Map

41 GROSVENOR DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 41 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 41 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 41 GROSVENOR DRIVE?

41 GROSVENOR DRIVE is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 41 on GROSVENOR DRIVE.