5, PERTH CLOSE, NORTH SHIELDS, NE29 8DF - £330,000

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 PERTH CLOSE is a very large extended detached house of 154m², built sometime between 1967 and 1975. It was last sold for £330,000 in July 2024, which was around 11% below the average July 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

5 PERTH CLOSE Sold Prices

Land registry data shows three sales for 5 PERTH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 5 PERTH CLOSE 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
2024 19 JUL	£330,000	£372,132	11% below HPI
2015 13 NOV	£245,000	£264,272	7% below HPI
1998 28 OCT	£83,000	£88,159	6% below HPI

5 PERTH 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 three 5 PERTH CLOSE sales between October 1998 and July 2024 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 November 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 PERTH CLOSE?

5 PERTH CLOSE is 154m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 5 PERTH CLOSE lies on this distribution: 85% of detached houses are smaller than 5 PERTH CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

5 PERTH CLOSE: Plot and Title Map

5 PERTH CLOSE sits on a plot of roughly 21.5 acres, or 86,854m². The below map shows the location of 5 PERTH 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 PERTH 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 PERTH CLOSE?

5 PERTH CLOSE is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 5 on PERTH CLOSE.