7, HIRAM DRIVE, EAST BOLDON, NE36 0TA - £440,000

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 HIRAM DRIVE is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £440,000 in January 2022, which was around 66% above the average January 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

7 HIRAM DRIVE Sold Prices

Land registry data shows two sales for 7 HIRAM DRIVE 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 HIRAM DRIVE 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
2022 10 JAN	£440,000	£264,426	66% above HPI
2013 1 MAR	£290,000	£198,071	46% above HPI

7 HIRAM DRIVE 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 HIRAM DRIVE sales from March 2013 and January 2022 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 March 2013 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the January 2022 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 7 HIRAM DRIVE?

7 HIRAM DRIVE is 132m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 40% of detached houses in East Boldon, based on EPC data. The below chart shows the distribution of detached houses by size in East Boldon, and where 7 HIRAM DRIVE lies on this distribution: 62% of detached houses are smaller than 7 HIRAM DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in East Boldon.

7 HIRAM DRIVE: Plot and Title Map

7 HIRAM DRIVE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 7 HIRAM DRIVE, 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 HIRAM DRIVE). 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 HIRAM DRIVE?

7 HIRAM DRIVE is located in EAST BOLDON, in the NE36 postcode district. The below map shows the position of No. 7 on HIRAM DRIVE.