43, FAIRWAYS, WHITLEY BAY, NE25 9YG - £350,000

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.

43 FAIRWAYS is a small detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £590,657. It was last sold for £350,000 in February 2011, which was around 59% above the average February 2011 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

43 FAIRWAYS Sold Prices

Land registry data shows five sales for 43 FAIRWAYS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the five 43 FAIRWAYS sales 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
2011 4 FEB	£350,000	£220,810	59% above HPI
2006 17 JUL	£345,000	£229,736	50% above HPI
2006 22 MAR	£323,000	£230,663	40% above HPI
1999 30 SEP	£138,000	£90,647	52% above HPI
1995 11 SEP	£109,500	£77,975	40% above HPI

43 FAIRWAYS 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 five 43 FAIRWAYS sales between September 1995 and February 2011 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2011 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 43 FAIRWAYS be worth now?

43 FAIRWAYS might now be worth an estimated £590,657.

This is based on house price inflation of 68.8%, between February 2011 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.8% inflationary increase is applied to the most recent sale price for 43 FAIRWAYS of £350,000 on 4th February 2011. For the value to have increased from £350,000 to £590,657 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 43 FAIRWAYS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The February 2011 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 43 FAIRWAYS has not materially changed since February 2011.

How Large is 43 FAIRWAYS?

43 FAIRWAYS is 120m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 43 FAIRWAYS lies on this distribution: 38% of detached houses houses are smaller than 43 FAIRWAYS, and 62% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

43 FAIRWAYS: Plot and Title Map

43 FAIRWAYS sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 43 FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

43 FAIRWAYS is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 43 on FAIRWAYS.