7, CHELDON CLOSE, WHITLEY BAY, NE25 9XS - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 CHELDON CLOSE is a midsized extended detached house of 143m², built sometime between 1983 and 1990, which could now be worth an estimated £627,040. It was last sold for £480,000 in December 2019, which was around 68% above the average December 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

7 CHELDON CLOSE Sold Prices

Land registry data shows two sales for 7 CHELDON CLOSE 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 7 CHELDON CLOSE 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
2019 20 DEC	£480,000	£285,254	68% above HPI
2016 24 OCT	£350,000	£269,866	30% above HPI

7 CHELDON CLOSE 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 7 CHELDON CLOSE sales from October 2016 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 October 2016 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2019 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 7 CHELDON CLOSE be worth now?

7 CHELDON CLOSE might now be worth an estimated £627,040.

This is based on house price inflation of 30.6%, between December 2019 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 7 CHELDON CLOSE of £480,000 on 20th December 2019. For the value to have increased from £480,000 to £627,040 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 CHELDON CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The December 2019 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHELDON CLOSE has not materially changed since December 2019.

How Large is 7 CHELDON CLOSE?

7 CHELDON CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 7 CHELDON CLOSE lies on this distribution: 59% of detached houses houses are smaller than 7 CHELDON CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

7 CHELDON CLOSE: Plot and Title Map

7 CHELDON CLOSE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 7 CHELDON CLOSE, 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 7 CHELDON CLOSE). 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 7 CHELDON CLOSE?

7 CHELDON CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 7 on CHELDON CLOSE.