7, GERRARD ROAD, WHITLEY BAY, NE26 4NJ - £360,000

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

7 GERRARD ROAD is a very small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £360,000 in February 2017, which was around 31% above the average February 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

7 GERRARD ROAD Sold Prices

Land registry data shows two sales for 7 GERRARD ROAD 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. One of the two 7 GERRARD ROAD sales was for above the average price, whilst the other was 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
2017 28 FEB	£360,000	£275,381	31% above HPI
2016 18 JAN	£255,000	£259,786	2% below HPI

7 GERRARD ROAD 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 GERRARD ROAD sales from January 2016 and February 2017 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 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2017 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 7 GERRARD ROAD?

7 GERRARD ROAD is 102m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 7 GERRARD ROAD lies on this distribution: 18% of detached houses are smaller than 7 GERRARD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

7 GERRARD ROAD: Plot and Title Map

7 GERRARD ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 7 GERRARD 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 7 GERRARD 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.

Where is 7 GERRARD ROAD?

7 GERRARD ROAD is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 7 on GERRARD ROAD.