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
57 NORTH DRIVE is a very small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £174,950 in June 2011, which was around 15% below the average June 2011 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 57 NORTH DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 57 NORTH DRIVE 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 |
---|---|---|---|
2011 3 JUN | £174,950 | £206,223 | 15% below HPI |
1995 20 NOV | £73,750 | £80,996 | 9% 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 two 57 NORTH DRIVE sales from November 1995 and June 2011 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 November 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
57 NORTH DRIVE is 78m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 57 NORTH DRIVE lies on this distribution: 6% of detached houses are smaller than 57 NORTH DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hebburn.
57 NORTH DRIVE sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of 57 NORTH 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 57 NORTH 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.
57 NORTH DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 57 on NORTH DRIVE.