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
56 EDGEFIELD is a very large extended detached house of 174m², built sometime between 1996 and 2002. It was last sold for £270,000 in March 2012, which was around 19% above the average March 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 56 EDGEFIELD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 56 EDGEFIELD 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 |
---|---|---|---|
2012 28 MAR | £270,000 | £227,369 | 19% above HPI |
2005 25 APR | £265,000 | £219,885 | 21% above HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 56 EDGEFIELD sales from April 2005 and March 2012 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 April 2005 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2012 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.
56 EDGEFIELD is 174m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 56 EDGEFIELD lies on this distribution: 92% of detached houses are smaller than 56 EDGEFIELD, and 8% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
56 EDGEFIELD sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 56 EDGEFIELD, 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 56 EDGEFIELD). 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.
56 EDGEFIELD is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 56 on EDGEFIELD.