43, BENEDICT LANE, HEBBURN, NE31 2GA - £186,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

43 BENEDICT LANE is a very small detached house of 87m². It was last sold for £186,000 in June 2017, which was around 19% below the average June 2017 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was A.

43 BENEDICT LANE Sold Prices

Land registry data shows three sales for 43 BENEDICT LANE 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 43 BENEDICT LANE 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 30 JUN	£186,000	£228,969	19% below HPI
2017 26 JUN	£188,000	£228,969	18% below HPI
2014 21 AUG	£182,500	£208,892	13% below HPI

43 BENEDICT LANE 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 43 BENEDICT LANE sales between August 2014 and June 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 June 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 43 BENEDICT LANE?

43 BENEDICT LANE is 87m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 43 BENEDICT LANE lies on this distribution: 15% of detached houses are smaller than 43 BENEDICT LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

43 BENEDICT LANE: Plot and Title Map

43 BENEDICT LANE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 43 BENEDICT LANE, 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 43 BENEDICT LANE). 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 43 BENEDICT LANE?

43 BENEDICT LANE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 43 on BENEDICT LANE.