51, MILL CRESCENT, HEBBURN, NE31 1UG - £179,995

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

51 MILL CRESCENT is a large extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £179,995 in June 2013, which was around 12% below the average June 2013 detached price in the South Tyneside local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

51 MILL CRESCENT Sold Prices

Land registry data shows three sales for 51 MILL CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Two of the three 51 MILL CRESCENT sales were for below the average price, whilst one was 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
2013 6 JUN	£179,995	£205,565	12% below HPI
2005 21 JAN	£196,000	£201,179	3% below HPI
2004 21 JAN	£196,000	£181,223	8% above HPI

51 MILL CRESCENT 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 three 51 MILL CRESCENT sales between January 2004 and June 2013 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 January 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2013 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 51 MILL CRESCENT?

51 MILL CRESCENT is 118m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 51 MILL CRESCENT lies on this distribution: 70% of detached houses are smaller than 51 MILL CRESCENT, and 29% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

51 MILL CRESCENT: Plot and Title Map

51 MILL CRESCENT sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 51 MILL CRESCENT, 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 51 MILL CRESCENT). 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 51 MILL CRESCENT?

51 MILL CRESCENT is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 51 on MILL CRESCENT.