7, GRAND PARADE, NORTH SHIELDS, NE30 4JS - £350,000

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

7 GRAND PARADE is a very large detached house of 187m², built sometime between 1967 and 1975. It was last sold for £350,000 in May 2012, which was around 55% above the average May 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

7 GRAND PARADE Sold Prices

Land registry data shows three sales for 7 GRAND PARADE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 7 GRAND PARADE 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
2012 11 MAY	£350,000	£226,391	55% above HPI
2002 9 APR	£249,500	£118,936	110% above HPI
1998 14 APR	£131,000	£86,259	52% above HPI

7 GRAND PARADE 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 three 7 GRAND PARADE sales between April 1998 and May 2012 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 April 2002 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the May 2012 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 7 GRAND PARADE?

7 GRAND PARADE is 187m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 7 GRAND PARADE lies on this distribution: 94% of detached houses are smaller than 7 GRAND PARADE, and 6% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

7 GRAND PARADE: Plot and Title Map

7 GRAND PARADE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 7 GRAND PARADE, 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 GRAND PARADE). 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 GRAND PARADE?

7 GRAND PARADE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 7 on GRAND PARADE.