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
5 BEACON GLADE is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £232,500 in February 2017, which was about the average February 2017 detached price in the South Tyneside local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 BEACON GLADE since 1st 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. One of the two 5 BEACON GLADE sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2017 3 FEB | £232,500 | £231,528 | Close to HPI |
1997 24 FEB | £79,950 | £80,716 | 1% below HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 5 BEACON GLADE sales from February 1997 and February 2017 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 February 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
5 BEACON GLADE is 93m², which includes two extensions, according to the EPC inspection conducted in October 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 5 BEACON GLADE lies on this distribution: 29% of detached houses are smaller than 5 BEACON GLADE, and 71% of houses are larger. Note that EPC data is not available for all properties in South Shields.
5 BEACON GLADE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 5 BEACON GLADE, 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 5 BEACON GLADE). 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.
5 BEACON GLADE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 5 on BEACON GLADE.