42, KINGS VALE, WALLSEND, NE28 7JS - £262,000

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

42 KINGS VALE is a midsized extended detached house of 110m², built sometime between 2003 and 2006. It was last sold for £262,000 in August 2018, which was around 8% below the average August 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

42 KINGS VALE Sold Prices

Land registry data shows three sales for 42 KINGS VALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. One of the three 42 KINGS VALE sales was for below the average price, whilst two 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
2018 1 AUG	£262,000	£284,227	8% below HPI
2006 28 JUL	£242,000	£233,655	4% above HPI
2003 29 AUG	£179,000	£177,185	1% above HPI

42 KINGS VALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 42 KINGS VALE sales between August 2003 and August 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 July 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 42 KINGS VALE?

42 KINGS VALE is 110m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 42 KINGS VALE lies on this distribution: 58% of detached houses are smaller than 42 KINGS VALE, and 41% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

42 KINGS VALE: Plot and Title Map

42 KINGS VALE sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 42 KINGS VALE, 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 KINGS VALE). 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 KINGS VALE?

42 KINGS VALE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 42 on KINGS VALE.