43, DEREHAM WAY, NORTH SHIELDS, NE29 8EJ - £140,000

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

43 DEREHAM WAY is a midsized extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £140,000 in November 2013, which was around 41% below the average November 2013 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

43 DEREHAM WAY Sold Prices

Land registry data shows three sales for 43 DEREHAM WAY 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. All of the three 43 DEREHAM WAY 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
2013 26 NOV	£140,000	£236,461	41% below HPI
2004 15 JAN	£115,000	£185,097	38% below HPI
2001 30 NOV	£69,950	£109,672	36% below HPI

43 DEREHAM WAY 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 43 DEREHAM WAY sales between November 2001 and November 2013 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 January 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2013 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 43 DEREHAM WAY?

43 DEREHAM WAY is 103m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 43 DEREHAM WAY lies on this distribution: 41% of detached houses are smaller than 43 DEREHAM WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

43 DEREHAM WAY: Plot and Title Map

43 DEREHAM WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 43 DEREHAM WAY, 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 DEREHAM WAY). 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 DEREHAM WAY?

43 DEREHAM WAY is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 43 on DEREHAM WAY.