6, HOLMLANDS CLOSE, WHITLEY BAY, NE25 8ED - £188,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 HOLMLANDS CLOSE is a very small semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £289,212. It was last sold for £188,000 in March 2015, which was around 29% above the average March 2015 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

6 HOLMLANDS CLOSE Sold Prices

Land registry data shows two sales for 6 HOLMLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. One of the two 6 HOLMLANDS CLOSE sales was for above the average price, whilst the other 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
2015 4 MAR	£188,000	£145,304	29% above HPI
2014 9 OCT	£129,500	£147,277	12% below HPI

6 HOLMLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 6 HOLMLANDS CLOSE sales from October 2014 and March 2015 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 October 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 6 HOLMLANDS CLOSE be worth now?

6 HOLMLANDS CLOSE might now be worth an estimated £289,212.

This is based on house price inflation of 53.8%, between March 2015 and February 2025, for semi-detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.8% inflationary increase is applied to the most recent sale price for 6 HOLMLANDS CLOSE of £188,000 on 4th March 2015. For the value to have increased from £188,000 to £289,212 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 6 HOLMLANDS CLOSE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The March 2015 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HOLMLANDS CLOSE has not materially changed since March 2015.

How Large is 6 HOLMLANDS CLOSE?

6 HOLMLANDS CLOSE is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whitley Bay, and where 6 HOLMLANDS CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 6 HOLMLANDS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

6 HOLMLANDS CLOSE: Plot and Title Map

6 HOLMLANDS CLOSE sits on a plot of roughly 15.8 acres, or 64,096m². The below map shows the location of 6 HOLMLANDS 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 6 HOLMLANDS 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 6 HOLMLANDS CLOSE?

6 HOLMLANDS CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 6 on HOLMLANDS CLOSE.