74, MONKS WOOD, NORTH SHIELDS, NE30 2UA - £220,000

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

74 MONKS WOOD is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £220,000 in July 2003, which was around 28% above the average July 2003 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

74 MONKS WOOD Sold Prices

Land registry data shows two sales for 74 MONKS WOOD 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 74 MONKS WOOD 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
2003 9 JUL	£220,000	£171,456	28% above HPI
1999 1 OCT	£114,000	£93,852	21% above HPI

74 MONKS WOOD 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 74 MONKS WOOD sales from October 1999 and July 2003 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 October 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2003 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 74 MONKS WOOD?

74 MONKS WOOD is 110m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 74 MONKS WOOD lies on this distribution: 47% of detached houses are smaller than 74 MONKS WOOD, and 52% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

74 MONKS WOOD: Plot and Title Map

74 MONKS WOOD sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 74 MONKS WOOD, 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 74 MONKS WOOD). 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 74 MONKS WOOD?

74 MONKS WOOD is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 74 on MONKS WOOD.