5, THE RISINGS, WALLSEND, NE28 9PB - £235,890

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 THE RISINGS is a small detached house of 91m². It was last sold for £235,890 in May 2022, which was around 29% below the average May 2022 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 THE RISINGS Sold Prices

Land registry data shows three sales for 5 THE RISINGS 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 THE RISINGS 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
2022 20 MAY	£235,890	£334,501	29% below HPI
2022 25 MAR	£215,000	£331,587	35% below HPI
2016 17 JUN	£199,995	£266,170	25% below HPI

5 THE RISINGS 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 THE RISINGS sales between June 2016 and May 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 March 2022 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 THE RISINGS?

5 THE RISINGS is 91m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 5 THE RISINGS lies on this distribution: 35% of detached houses are smaller than 5 THE RISINGS, and 64% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

5 THE RISINGS: Plot and Title Map

5 THE RISINGS sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 5 THE RISINGS, 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 THE RISINGS). 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 THE RISINGS?

5 THE RISINGS is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 5 on THE RISINGS.