62, THE RISINGS, WALLSEND, NE28 9PB - £320,000

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

62 THE RISINGS is a very large detached house of 125m². It was last sold for £320,000 in November 2023, which was around 10% below the average November 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

62 THE RISINGS Sold Prices

Land registry data shows two sales for 62 THE RISINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 62 THE RISINGS 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
2023 20 NOV	£320,000	£356,534	10% below HPI
2018 26 JAN	£254,000	£281,183	10% below HPI

62 THE RISINGS 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 two 62 THE RISINGS sales from January 2018 and November 2023 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 January 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2023 sale, which was also at 10% below the HPI.

How Large is 62 THE RISINGS?

62 THE RISINGS is 125m² according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 62 THE RISINGS lies on this distribution: 82% of detached houses are smaller than 62 THE RISINGS, and 17% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

62 THE RISINGS: Plot and Title Map

62 THE RISINGS sits on a plot of roughly 2.6 acres, or 10,679m². The below map shows the location of 62 THE RISINGS, 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 THE RISINGS). 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 62 THE RISINGS?

62 THE RISINGS is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 62 on THE RISINGS.