7, PARKSHIEL, SOUTH SHIELDS, NE34 8BU - £249,999

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 PARKSHIEL is a large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £249,999 in October 2009, which was around 21% above the average October 2009 detached price in the South Tyneside local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was B.

7 PARKSHIEL Sold Prices

Land registry data shows four sales for 7 PARKSHIEL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the four 7 PARKSHIEL 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
2009 1 OCT	£249,999	£206,270	21% above HPI
2004 20 AUG	£290,000	£197,245	47% above HPI
2002 5 AUG	£198,000	£125,909	57% above HPI
1996 5 SEP	£121,000	£84,039	44% above HPI

7 PARKSHIEL 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 four 7 PARKSHIEL sales between September 1996 and October 2009 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 2004 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2009 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 7 PARKSHIEL?

7 PARKSHIEL is 129m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% 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 PARKSHIEL lies on this distribution: 70% of detached houses are smaller than 7 PARKSHIEL, and 29% of houses are larger. Note that EPC data is not available for all properties in South Shields.

7 PARKSHIEL: Plot and Title Map

7 PARKSHIEL sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 7 PARKSHIEL, 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 PARKSHIEL). 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 PARKSHIEL?

7 PARKSHIEL is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 7 on PARKSHIEL.