57, DEREHAM WAY, NORTH SHIELDS, NE29 8EJ - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

57 DEREHAM WAY is a very small semi-detached house of 83m², built sometime between 1967 and 1975. It was last sold for £175,000 in January 2024, which was around 50% below the average January 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

57 DEREHAM WAY Sold Prices

Land registry data shows three sales for 57 DEREHAM WAY 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 57 DEREHAM WAY 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
2024 31 JAN	£175,000	£350,239	50% below HPI
2023 28 APR	£125,000	£358,966	65% below HPI
1997 10 JUN	£43,000	£80,297	46% below HPI

57 DEREHAM WAY 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 57 DEREHAM WAY sales between June 1997 and January 2024 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 2023 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the January 2024 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 57 DEREHAM WAY?

57 DEREHAM WAY is 83m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 57 DEREHAM WAY lies on this distribution: 15% of detached houses are smaller than 57 DEREHAM WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

57 DEREHAM WAY: Plot and Title Map

57 DEREHAM WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 57 DEREHAM WAY, 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 57 DEREHAM WAY). 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 57 DEREHAM WAY?

57 DEREHAM WAY is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 57 on DEREHAM WAY.