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
46 MARINA DRIVE is a very large detached house of 181m², built sometime between 1930 and 1949. It was last sold for £359,320 in May 2015, which was around 39% above the average May 2015 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 46 MARINA DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. two of the four 46 MARINA DRIVE sales were for above the average price, and four 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 |
---|---|---|---|
2015 28 MAY | £359,320 | £259,166 | 39% above HPI |
2007 14 JUN | £372,000 | £248,048 | 50% above HPI |
1998 5 NOV | £68,000 | £87,628 | 22% below HPI |
1997 5 SEP | £66,000 | £84,896 | 22% 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 four 46 MARINA DRIVE sales between September 1997 and May 2015 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 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2015 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.
46 MARINA DRIVE is 181m² according to the EPC inspection conducted in June 2014. This puts it in the largest 20% 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 46 MARINA DRIVE lies on this distribution: 83% of detached houses are smaller than 46 MARINA DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.
46 MARINA DRIVE sits on a plot of roughly 59.9 acres, or 242,296m². The below map shows the location of 46 MARINA DRIVE, 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 46 MARINA DRIVE). 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.
46 MARINA DRIVE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 46 on MARINA DRIVE.