49, ARDEN CLOSE, WALLSEND, NE28 9YB - £240,000

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.

49 ARDEN CLOSE is a very small extended detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £271,923. It was last sold for £240,000 in May 2022, which was around 27% below the average May 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

49 ARDEN CLOSE Sold Prices

Land registry data shows four sales for 49 ARDEN CLOSE since 1^st 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. All of the four 49 ARDEN CLOSE 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
2022 6 MAY	£240,000	£328,890	27% below HPI
2013 15 NOV	£185,000	£232,495	20% below HPI
2010 22 DEC	£162,000	£229,631	29% below HPI
2004 5 AUG	£175,000	£218,584	20% below HPI

49 ARDEN CLOSE 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 four 49 ARDEN CLOSE sales between August 2004 and May 2022 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 November 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 49 ARDEN CLOSE be worth now?

49 ARDEN CLOSE might now be worth an estimated £271,923.

This is based on house price inflation of 13.3%, between May 2022 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 13.3% inflationary increase is applied to the most recent sale price for 49 ARDEN CLOSE of £240,000 on 6th May 2022. For the value to have increased from £240,000 to £271,923 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 49 ARDEN CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The May 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 49 ARDEN CLOSE has not materially changed since May 2022.

How Large is 49 ARDEN CLOSE?

49 ARDEN CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallsend, and where 49 ARDEN CLOSE lies on this distribution: 14% of detached houses houses are smaller than 49 ARDEN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

49 ARDEN CLOSE: Plot and Title Map

49 ARDEN CLOSE sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of 49 ARDEN CLOSE, 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 49 ARDEN CLOSE). 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 49 ARDEN CLOSE?

49 ARDEN CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 49 on ARDEN CLOSE.