43, THE COVERS, WALLSEND, NE28 7QQ - £260,000

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 THE COVERS is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £260,000 in August 2014, which was around 4% above the average August 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

43 THE COVERS Sold Prices

Land registry data shows two sales for 43 THE COVERS 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. Both of the two 43 THE COVERS 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
2014 8 AUG	£260,000	£250,371	4% above HPI
1999 23 JUL	£109,950	£86,919	26% above HPI

43 THE COVERS 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 43 THE COVERS sales from July 1999 and August 2014 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 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 43 THE COVERS?

43 THE COVERS is 109m², which includes one extension, according to the EPC inspection conducted in October 2013. 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 43 THE COVERS lies on this distribution: 56% of detached houses are smaller than 43 THE COVERS, and 42% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

43 THE COVERS: Plot and Title Map

43 THE COVERS sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 43 THE COVERS, 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 THE COVERS). 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 THE COVERS?

43 THE COVERS is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 43 on THE COVERS.