7, STONECROP DRIVE, WIDEOPEN, NEWCASTLE UPON TYNE, NE13 6NP - £275,000

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 STONECROP DRIVE is a very small detached house of 89m². It was last sold for £275,000 in August 2022, which was around 22% below the average August 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

7 STONECROP DRIVE Sold Prices

Land registry data shows two sales for 7 STONECROP 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 North Tyneside local authority area for the corresponding sale date. Both of the two 7 STONECROP DRIVE sales were 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
2022 24 AUG	£275,000	£350,471	22% below HPI
2016 29 JUL	£209,995	£270,860	22% below HPI

7 STONECROP DRIVE 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 two 7 STONECROP DRIVE sales from July 2016 and August 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 July 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2022 sale, which was also at 22% below the HPI.

How Large is 7 STONECROP DRIVE?

7 STONECROP DRIVE is 89m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses in Wideopen, based on EPC data. The below chart shows the distribution of detached houses by size in Wideopen, and where 7 STONECROP DRIVE lies on this distribution: 17% of detached houses are smaller than 7 STONECROP DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wideopen.

7 STONECROP DRIVE: Plot and Title Map

7 STONECROP DRIVE sits on a plot of roughly 6.6 acres, or 26,810m². The below map shows the location of 7 STONECROP 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 STONECROP 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 STONECROP DRIVE?

7 STONECROP DRIVE is located in WIDEOPEN, in the NE13 postcode district. The below map shows the position of No. 7 on STONECROP DRIVE.