7, HEPSCOTT TERRACE, SOUTH SHIELDS, NE33 4TH - £575,000

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 HEPSCOTT TERRACE is a very large detached house of 209m², built sometime between 1983 and 1990. It was last sold for £575,000 in July 2018, which was around 139% above the average July 2018 detached price in the South Tyneside local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

7 HEPSCOTT TERRACE Sold Prices

Land registry data shows two sales for 7 HEPSCOTT TERRACE 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 7 HEPSCOTT TERRACE 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
2018 4 JUL	£575,000	£240,739	139% above HPI
2006 16 AUG	£470,000	£224,902	109% above HPI

7 HEPSCOTT TERRACE 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 7 HEPSCOTT TERRACE sales from August 2006 and July 2018 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 August 2006 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the July 2018 sale, where it rises to 139% above the HPI. The line then continues to track at 139% above the HPI.

How Large is 7 HEPSCOTT TERRACE?

7 HEPSCOTT TERRACE is 209m² according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 7 HEPSCOTT TERRACE lies on this distribution: 96% of detached houses are smaller than 7 HEPSCOTT TERRACE, and 4% of houses are larger. Note that EPC data is not available for all properties in South Shields.

7 HEPSCOTT TERRACE: Plot and Title Map

7 HEPSCOTT TERRACE sits on a plot of roughly 0.261 of an acre, or 1,056m². The below map shows the location of 7 HEPSCOTT TERRACE, 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 HEPSCOTT TERRACE). 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 HEPSCOTT TERRACE?

7 HEPSCOTT TERRACE is located in SOUTH SHIELDS, in the NE33 postcode district. The below map shows the position of No. 7 on HEPSCOTT TERRACE.