68, MONKTON LANE, HEBBURN, NE31 2GD - £270,000

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

68 MONKTON LANE is a large detached house of 122m². It was last sold for £270,000 in October 2020, which was around 8% above the average October 2020 detached price in the South Tyneside local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

68 MONKTON LANE Sold Prices

Land registry data shows two sales for 68 MONKTON LANE since 1^st 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 68 MONKTON LANE 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
2020 23 OCT	£270,000	£250,873	8% above HPI
2016 16 SEP	£274,995	£227,984	21% above HPI

68 MONKTON LANE 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 two 68 MONKTON LANE sales from September 2016 and October 2020 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 2016 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2020 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 68 MONKTON LANE?

68 MONKTON LANE is 122m² according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 68 MONKTON LANE lies on this distribution: 75% of detached houses are smaller than 68 MONKTON LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

68 MONKTON LANE: Plot and Title Map

68 MONKTON LANE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 68 MONKTON LANE, 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 68 MONKTON LANE). 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 68 MONKTON LANE?

68 MONKTON LANE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 68 on MONKTON LANE.