58, GAINSBOROUGH CLOSE, WHITLEY BAY, NE25 9XB - £310,000

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

58 GAINSBOROUGH CLOSE is a small extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £310,000 in July 2016, which was around 14% above the average July 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

58 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows three sales for 58 GAINSBOROUGH 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. Two of the three 58 GAINSBOROUGH CLOSE sales were for above the average price, whilst one was 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
2016 29 JUL	£310,000	£270,860	14% above HPI
2003 26 SEP	£220,000	£181,097	21% above HPI
1997 14 JUL	£82,000	£83,457	2% below HPI

58 GAINSBOROUGH 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 58 GAINSBOROUGH CLOSE sales between July 1997 and July 2016 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 September 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 58 GAINSBOROUGH CLOSE?

58 GAINSBOROUGH CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 58 GAINSBOROUGH CLOSE lies on this distribution: 37% of detached houses are smaller than 58 GAINSBOROUGH CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

58 GAINSBOROUGH CLOSE: Plot and Title Map

58 GAINSBOROUGH CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 58 GAINSBOROUGH 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 58 GAINSBOROUGH 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 58 GAINSBOROUGH CLOSE?

58 GAINSBOROUGH CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 58 on GAINSBOROUGH CLOSE.