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
45 WEMBLEY AVENUE is a small extended semi-detached house of 115m², built sometime between 1930 and 1949. It was last sold for £226,500 in June 2014, which was around 9% below the average June 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 45 WEMBLEY AVENUE since 1st 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 45 WEMBLEY AVENUE 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 |
---|---|---|---|
2014 27 JUN | £226,500 | £247,743 | 9% below HPI |
2005 3 JUN | £175,000 | £220,606 | 21% below HPI |
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 WEMBLEY AVENUE sales from June 2005 and June 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 June 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
45 WEMBLEY AVENUE is 115m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 45 WEMBLEY AVENUE lies on this distribution: 33% of detached houses are smaller than 45 WEMBLEY AVENUE, and 66% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.
45 WEMBLEY AVENUE sits on a plot of roughly 21.7 acres, or 87,763m². The below map shows the location of 45 WEMBLEY AVENUE, 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 WEMBLEY AVENUE). 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.
45 WEMBLEY AVENUE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 45 on WEMBLEY AVENUE.