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
62 BRIGHTMAN ROAD is a very small extended detached house of 78m², built sometime between 1991 and 1995. It was last sold for £365,000 in October 2022, which was around 3% above the average October 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 62 BRIGHTMAN ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. The six 62 BRIGHTMAN ROAD sales were a mix of above the average price, roughly equal to the average price, and 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 27 OCT | £365,000 | £355,843 | 3% above HPI |
2011 24 MAR | £182,000 | £219,156 | 17% below HPI |
2006 3 APR | £197,000 | £236,397 | 17% below HPI |
2002 19 AUG | £135,000 | £134,621 | Close to HPI |
1999 12 AUG | £79,950 | £89,308 | 10% below HPI |
1997 30 MAY | £80,000 | £77,288 | 4% above HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The six 62 BRIGHTMAN ROAD sales between May 1997 and October 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 March 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
62 BRIGHTMAN ROAD is 78m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 62 BRIGHTMAN ROAD lies on this distribution: 10% of detached houses are smaller than 62 BRIGHTMAN ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
62 BRIGHTMAN ROAD sits on a plot of roughly 15.0 acres, or 60,607m². The below map shows the location of 62 BRIGHTMAN ROAD, 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 62 BRIGHTMAN ROAD). 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.
62 BRIGHTMAN ROAD is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 62 on BRIGHTMAN ROAD.