62, WOODVALE DRIVE, HEBBURN, NE31 1RB - £167,000

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

62 WOODVALE DRIVE is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £167,000 in December 2019, which was around 32% below the average December 2019 detached price in the South Tyneside local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

62 WOODVALE DRIVE Sold Prices

Land registry data shows three sales for 62 WOODVALE 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 South Tyneside local authority area for the corresponding sale date. All of the three 62 WOODVALE 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
2019 6 DEC	£167,000	£246,055	32% below HPI
2017 30 JUN	£180,000	£228,969	21% below HPI
2000 6 DEC	£75,000	£103,371	27% below HPI

62 WOODVALE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 62 WOODVALE DRIVE sales between December 2000 and December 2019 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 June 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 62 WOODVALE DRIVE?

62 WOODVALE DRIVE is 62m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 62 WOODVALE DRIVE lies on this distribution: 1% of detached houses are smaller than 62 WOODVALE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

62 WOODVALE DRIVE: Plot and Title Map

62 WOODVALE DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 62 WOODVALE 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 62 WOODVALE 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 62 WOODVALE DRIVE?

62 WOODVALE DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 62 on WOODVALE DRIVE.