5, SWIFT GROVE, HEBBURN, NE31 1FA - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 SWIFT GROVE is a very large detached house of 125m². It was last sold for £320,000 in December 2023, which was around 14% above the average December 2023 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was A.

5 SWIFT GROVE Sold Prices

Land registry data shows two sales for 5 SWIFT GROVE since 1^st 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 SWIFT 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
2023 8 DEC	£320,000	£281,574	14% above HPI
2020 27 MAR	£299,950	£239,218	25% above HPI

5 SWIFT GROVE Price Paid vs. HPI Average

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 SWIFT GROVE sales from March 2020 and December 2023 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 2020 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 5 SWIFT GROVE?

5 SWIFT GROVE is 125m² according to the EPC inspection conducted in March 2020. This puts it in the largest 20% 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 SWIFT GROVE lies on this distribution: 81% of detached houses are smaller than 5 SWIFT GROVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

5 SWIFT GROVE: Plot and Title Map

5 SWIFT GROVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 SWIFT 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 SWIFT 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.

Where is 5 SWIFT GROVE?

5 SWIFT GROVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 5 on SWIFT GROVE.