42, CARAWAY WALK, SOUTH SHIELDS, NE34 8UQ - £195,000

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.

42 CARAWAY WALK is a very small detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £254,063. It was last sold for £195,000 in September 2017, which was around 17% below the average September 2017 detached price in the South Tyneside local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

42 CARAWAY WALK Sold Prices

Land registry data shows three sales for 42 CARAWAY WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 42 CARAWAY WALK 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
2017 1 SEP	£195,000	£233,765	17% below HPI
2015 6 NOV	£195,000	£223,370	13% below HPI
2000 25 APR	£77,500	£96,968	20% below HPI

42 CARAWAY WALK 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 three 42 CARAWAY WALK sales between April 2000 and September 2017 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 November 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 42 CARAWAY WALK be worth now?

42 CARAWAY WALK might now be worth an estimated £254,063.

This is based on house price inflation of 30.3%, between September 2017 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.3% inflationary increase is applied to the most recent sale price for 42 CARAWAY WALK of £195,000 on 1st September 2017. For the value to have increased from £195,000 to £254,063 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 42 CARAWAY WALK has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The September 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 42 CARAWAY WALK has not materially changed since September 2017.

How Large is 42 CARAWAY WALK?

42 CARAWAY WALK is 81m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Shields, and where 42 CARAWAY WALK lies on this distribution: 9% of detached houses houses are smaller than 42 CARAWAY WALK, and 89% of houses are larger. Note that EPC data is not available for all properties in South Shields.

42 CARAWAY WALK: Plot and Title Map

42 CARAWAY WALK sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 42 CARAWAY WALK, 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 42 CARAWAY WALK). 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 42 CARAWAY WALK?

42 CARAWAY WALK is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 42 on CARAWAY WALK.