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 SOUTHLANDS is a very large extended detached house of 174m², built sometime between 1967 and 1975. It was last sold for £490,000 in August 2010, which was around 107% above the average August 2010 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 7 SOUTHLANDS since 1st 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. Two of the three 7 SOUTHLANDS sales were for above the average price, whilst one 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 |
---|---|---|---|
2010 5 AUG | £490,000 | £237,019 | 107% above HPI |
1997 7 AUG | £142,500 | £85,430 | 67% above HPI |
1996 19 JUN | £75,000 | £76,526 | 2% below HPI |
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 SOUTHLANDS sales between June 1996 and August 2010 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 1997 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the August 2010 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.
7 SOUTHLANDS is 174m², which includes one extension, according to the EPC inspection conducted in March 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 SOUTHLANDS lies on this distribution: 92% of detached houses are smaller than 7 SOUTHLANDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
7 SOUTHLANDS sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 7 SOUTHLANDS, 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 SOUTHLANDS). 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.
7 SOUTHLANDS is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 7 on SOUTHLANDS.