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 LABURNUM GROVE is a very large extended detached house of 321m², built sometime between 1967 and 1975. It was last sold for £550,000 in May 2015, which was around 157% above the average May 2015 detached price in the South Tyneside local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 LABURNUM GROVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 5 LABURNUM GROVE 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 |
---|---|---|---|
2015 22 MAY | £550,000 | £213,782 | 157% above HPI |
2006 4 JUL | £750,000 | £221,422 | 239% above HPI |
2002 18 DEC | £245,000 | £135,163 | 81% above HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 5 LABURNUM GROVE sales between December 2002 and May 2015 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 July 2006 sale was for 239% above the HPI. So the extrapolation line tracks at 239% above the HPI over time, until the May 2015 sale, where it falls to 157% above the HPI. The line then continues to track at 157% above the HPI.
5 LABURNUM GROVE is 321m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Cleadon, based on EPC data. The below chart shows the distribution of detached houses by size in Cleadon, and where 5 LABURNUM GROVE lies on this distribution: 94% of detached houses are smaller than 5 LABURNUM GROVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Cleadon.
5 LABURNUM GROVE sits on a plot of roughly 0.355 of an acre, or 1,438m². The below map shows the location of 5 LABURNUM GROVE, 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 LABURNUM GROVE). 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 LABURNUM GROVE is located in CLEADON, in the SR6 postcode district. The below map shows the position of No. 5 on LABURNUM GROVE.