54, CHATHILL CLOSE, WHITLEY BAY, NE25 9LN - £195,000

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

54 CHATHILL CLOSE is a very small extended detached house of 63m², built sometime between 1991 and 1995. It was last sold for £195,000 in November 2021, which was around 40% below the average November 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

54 CHATHILL CLOSE Sold Prices

Land registry data shows three sales for 54 CHATHILL CLOSE 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 54 CHATHILL CLOSE 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 26 NOV	£195,000	£325,066	40% below HPI
2009 22 MAY	£130,000	£219,169	41% below HPI
1997 22 JUL	£60,000	£83,457	28% below HPI

54 CHATHILL CLOSE 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 54 CHATHILL CLOSE sales between July 1997 and November 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 May 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 54 CHATHILL CLOSE?

54 CHATHILL CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 54 CHATHILL CLOSE lies on this distribution: 2% of detached houses are smaller than 54 CHATHILL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

54 CHATHILL CLOSE: Plot and Title Map

54 CHATHILL CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 54 CHATHILL CLOSE, 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 54 CHATHILL CLOSE). 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 54 CHATHILL CLOSE?

54 CHATHILL CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 54 on CHATHILL CLOSE.