49, ROWAN DRIVE, SOUTH SHIELDS, NE34 8PQ - £204,500

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

49 ROWAN DRIVE is a small detached house of 91m². It was last sold for £204,500 in August 2020, which was around 15% below the average August 2020 detached price in the South Tyneside local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was A.

49 ROWAN DRIVE Sold Prices

Land registry data shows two sales for 49 ROWAN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 49 ROWAN DRIVE 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
2020 28 AUG	£204,500	£240,924	15% below HPI
2015 8 MAY	£179,995	£213,782	16% below HPI

49 ROWAN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 49 ROWAN DRIVE sales from May 2015 and August 2020 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 May 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 49 ROWAN DRIVE?

49 ROWAN DRIVE is 91m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 49 ROWAN DRIVE lies on this distribution: 26% of detached houses are smaller than 49 ROWAN DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in South Shields.

49 ROWAN DRIVE: Plot and Title Map

49 ROWAN DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 49 ROWAN 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 49 ROWAN 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.

Where is 49 ROWAN DRIVE?

49 ROWAN DRIVE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 49 on ROWAN DRIVE.