60, NEWINGTON DRIVE, NORTH SHIELDS, NE29 9JA - £195,000

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

60 NEWINGTON DRIVE is a very small semi-detached house of 59m², built sometime between 2003 and 2006. It was last sold for £195,000 in May 2022, which was around 42% below the average May 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

60 NEWINGTON DRIVE Sold Prices

Land registry data shows three sales for 60 NEWINGTON DRIVE 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 60 NEWINGTON 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
2022 13 MAY	£195,000	£334,501	42% below HPI
2005 16 DEC	£147,000	£229,676	36% below HPI
2003 21 NOV	£111,995	£181,308	38% below HPI

60 NEWINGTON DRIVE 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 60 NEWINGTON DRIVE sales between November 2003 and May 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 December 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 60 NEWINGTON DRIVE?

60 NEWINGTON DRIVE is 59m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 60 NEWINGTON DRIVE lies on this distribution: 2% of detached houses are smaller than 60 NEWINGTON DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

60 NEWINGTON DRIVE: Plot and Title Map

60 NEWINGTON DRIVE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 60 NEWINGTON 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 60 NEWINGTON 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.

Where is 60 NEWINGTON DRIVE?

60 NEWINGTON DRIVE is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 60 on NEWINGTON DRIVE.