5, DERWENT WAY, WALLSEND, NE28 6AD - £155,000

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.

5 DERWENT WAY is a small semi-detached house of 92m², which could now be worth an estimated £257,215. It was last sold for £155,000 in July 2013, which was around 15% above the average July 2013 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

5 DERWENT WAY Sold Prices

Land registry data shows two sales for 5 DERWENT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 5 DERWENT WAY sales were for above 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
2013 29 JUL	£155,000	£134,701	15% above HPI
2008 3 OCT	£177,650	£133,724	33% above HPI

5 DERWENT WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 5 DERWENT WAY sales from October 2008 and July 2013 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 October 2008 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2013 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 5 DERWENT WAY be worth now?

5 DERWENT WAY might now be worth an estimated £257,215.

This is based on house price inflation of 65.9%, between July 2013 and February 2025, for semi-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 65.9% inflationary increase is applied to the most recent sale price for 5 DERWENT WAY of £155,000 on 29th July 2013. For the value to have increased from £155,000 to £257,215 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 5 DERWENT WAY has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The July 2013 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DERWENT WAY has not materially changed since July 2013.

How Large is 5 DERWENT WAY?

5 DERWENT WAY is 92m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of semi-detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wallsend, and where 5 DERWENT WAY lies on this distribution: 37% of semi-detached houses houses are smaller than 5 DERWENT WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

5 DERWENT WAY: Plot and Title Map

5 DERWENT WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 5 DERWENT WAY, 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 DERWENT WAY). 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 5 DERWENT WAY?

5 DERWENT WAY is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 5 on DERWENT WAY.