5, REDWING CLOSE, WIDEOPEN, NEWCASTLE UPON TYNE, NE13 6NU - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 REDWING CLOSE is a very small semi-detached house of 89m², which could now be worth an estimated £251,461. It was last sold for £240,000 in December 2022, which was around 12% above the average December 2022 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

5 REDWING CLOSE Sold Prices

Land registry data shows two sales for 5 REDWING CLOSE 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 REDWING CLOSE 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
2022 20 DEC	£240,000	£213,342	12% above HPI
2016 30 JUN	£199,995	£153,930	30% above HPI

5 REDWING CLOSE 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 REDWING CLOSE sales from June 2016 and December 2022 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 June 2016 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 REDWING CLOSE be worth now?

5 REDWING CLOSE might now be worth an estimated £251,461.

This is based on house price inflation of 4.8%, between December 2022 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 4.8% inflationary increase is applied to the most recent sale price for 5 REDWING CLOSE of £240,000 on 20th December 2022. For the value to have increased from £240,000 to £251,461 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 REDWING CLOSE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The December 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REDWING CLOSE has not materially changed since December 2022.

How Large is 5 REDWING CLOSE?

5 REDWING CLOSE is 89m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of semi-detached houses houses in Wideopen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wideopen, and where 5 REDWING CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 5 REDWING CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wideopen.

5 REDWING CLOSE: Plot and Title Map

5 REDWING CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 5 REDWING 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 REDWING 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 REDWING CLOSE?

5 REDWING CLOSE is located in WIDEOPEN, in the NE13 postcode district. The below map shows the position of No. 5 on REDWING CLOSE.