45, THE COVERS, WALLSEND, NE28 7QQ - £229,500

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

45 THE COVERS is a very large detached house of 157m², built sometime between 1996 and 2002. It was last sold for £229,500 in January 2013, which was about the average January 2013 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

45 THE COVERS Sold Prices

Land registry data shows two sales for 45 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. One of the two 45 THE COVERS 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
2013 31 JAN	£229,500	£229,323	Close to HPI
1999 23 DEC	£150,750	£92,836	62% above HPI

45 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 45 THE COVERS sales from December 1999 and January 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 December 1999 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the January 2013 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 45 THE COVERS?

45 THE COVERS is 157m² according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 45 THE COVERS lies on this distribution: 97% of detached houses are smaller than 45 THE COVERS, and 3% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

45 THE COVERS: Plot and Title Map

45 THE COVERS sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 45 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 45 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 45 THE COVERS?

45 THE COVERS is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 45 on THE COVERS.