Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
6 THE LEAS is a large extended detached house of 156m². It was last sold for £555,000 in February 2022, which was around 111% above the average February 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 6 THE LEAS 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 6 THE LEAS 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 |
---|---|---|---|
2022 21 FEB | £555,000 | £262,944 | 111% above HPI |
2015 21 SEP | £413,995 | £214,388 | 93% above 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 6 THE LEAS sales from September 2015 and February 2022 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 2015 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the February 2022 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.
6 THE LEAS is 156m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Whitburn, based on EPC data. The below chart shows the distribution of detached houses by size in Whitburn, and where 6 THE LEAS lies on this distribution: 63% of detached houses are smaller than 6 THE LEAS, and 37% of houses are larger. Note that EPC data is not available for all properties in Whitburn.
6 THE LEAS sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 6 THE LEAS, 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 THE LEAS). 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.
6 THE LEAS is located in WHITBURN, in the SR6 postcode district. The below map shows the position of No. 6 on THE LEAS.