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
55 SULLIVAN WALK is a very large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £276,000 in June 2022, which was around 1% below the average June 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 55 SULLIVAN WALK since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Most of the four 55 SULLIVAN WALK 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 29 JUN | £276,000 | £278,043 | 1% below HPI |
2020 10 JUL | £235,000 | £241,462 | 3% below HPI |
2005 8 APR | £220,000 | £191,087 | 15% above HPI |
1996 6 DEC | £78,000 | £81,571 | 4% below HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The four 55 SULLIVAN WALK sales between December 1996 and June 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 July 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
55 SULLIVAN WALK is 124m², which includes one extension, according to the EPC inspection conducted in May 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 55 SULLIVAN WALK lies on this distribution: 81% of detached houses are smaller than 55 SULLIVAN WALK, and 19% of houses are larger. Note that EPC data is not available for all properties in Hebburn.
55 SULLIVAN WALK sits on a plot of roughly 13.7 acres, or 55,452m². The below map shows the location of 55 SULLIVAN WALK, 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 55 SULLIVAN WALK). 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.
55 SULLIVAN WALK is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 55 on SULLIVAN WALK.