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 REGENT DRIVE is a small detached house of 90m². It was last sold for £210,000 in February 2021, which was around 17% below the average February 2021 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 5 REGENT DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 5 REGENT DRIVE 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 |
---|---|---|---|
2021 24 FEB | £210,000 | £253,691 | 17% below HPI |
2016 30 JUN | £194,995 | £224,876 | 13% below HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 5 REGENT DRIVE sales from June 2016 and February 2021 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
5 REGENT DRIVE is 90m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 5 REGENT DRIVE lies on this distribution: 24% of detached houses are smaller than 5 REGENT DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hebburn.
5 REGENT DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 5 REGENT DRIVE, 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 REGENT DRIVE). 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 REGENT DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 5 on REGENT DRIVE.