5, HOLMLANDS CLOSE, WHITLEY BAY, NE25 8ED - £320,000

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 HOLMLANDS CLOSE is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £320,000 in May 2018, which was around 15% above the average May 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

5 HOLMLANDS CLOSE Sold Prices

Land registry data shows two sales for 5 HOLMLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. One of the two 5 HOLMLANDS CLOSE sales was for above 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
2018 4 MAY	£320,000	£278,888	15% above HPI
2014 7 MAR	£175,000	£243,487	28% below HPI

5 HOLMLANDS 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 two 5 HOLMLANDS CLOSE sales from March 2014 and May 2018 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 March 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 HOLMLANDS CLOSE?

5 HOLMLANDS CLOSE is 85m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% 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 5 HOLMLANDS CLOSE lies on this distribution: 9% of detached houses are smaller than 5 HOLMLANDS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

5 HOLMLANDS CLOSE: Plot and Title Map

5 HOLMLANDS CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 5 HOLMLANDS 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 5 HOLMLANDS 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 5 HOLMLANDS CLOSE?

5 HOLMLANDS CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 5 on HOLMLANDS CLOSE.