42, THE ACRES, WALLSEND, NE28 7RQ - £272,000

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 THE ACRES is a very large detached house of 129m². It was last sold for £272,000 in July 2016, which was about the average July 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2012, where the current energy rating was B, and the potential energy rating was B.

42 THE ACRES Sold Prices

Land registry data shows two sales for 42 THE ACRES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. One of the two 42 THE ACRES sales was roughly equal to the average price, whilst the other was 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
2016 15 JUL	£272,000	£270,860	Close to HPI
2012 3 DEC	£249,000	£227,842	9% above HPI

42 THE ACRES 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 two 42 THE ACRES sales from December 2012 and July 2016 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 December 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 42 THE ACRES?

42 THE ACRES is 129m² according to the EPC inspection conducted in November 2012. This puts it in the largest 20% 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 THE ACRES lies on this distribution: 86% of detached houses are smaller than 42 THE ACRES, and 13% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

42 THE ACRES: Plot and Title Map

42 THE ACRES sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 42 THE ACRES, 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 THE ACRES). 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 THE ACRES?

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