53, LANCASTER DRIVE, WALLSEND, NE28 9TF - £230,000

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

53 LANCASTER DRIVE is a large extended semi-detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £249,501. It was last sold for £230,000 in December 2023, which was around 12% above the average December 2023 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

53 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 53 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 53 LANCASTER DRIVE 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 18 DEC	£230,000	£206,059	12% above HPI
2000 18 SEP	£59,500	£53,108	12% above HPI
1998 16 OCT	£50,000	£48,287	4% above HPI

53 LANCASTER DRIVE 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 three 53 LANCASTER DRIVE sales between October 1998 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 September 2000 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2023 sale, which was also at 12% above the HPI.

What might 53 LANCASTER DRIVE be worth now?

53 LANCASTER DRIVE might now be worth an estimated £249,501.

This is based on house price inflation of 8.5%, between December 2023 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 8.5% inflationary increase is applied to the most recent sale price for 53 LANCASTER DRIVE of £230,000 on 18th December 2023. For the value to have increased from £230,000 to £249,501 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 53 LANCASTER DRIVE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The December 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 53 LANCASTER DRIVE has not materially changed since December 2023.

How Large is 53 LANCASTER DRIVE?

53 LANCASTER DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 40% of semi-detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wallsend, and where 53 LANCASTER DRIVE lies on this distribution: 61% of semi-detached houses houses are smaller than 53 LANCASTER DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

53 LANCASTER DRIVE: Plot and Title Map

53 LANCASTER DRIVE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 53 LANCASTER 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 53 LANCASTER 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.

Where is 53 LANCASTER DRIVE?

53 LANCASTER DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 53 on LANCASTER DRIVE.