78, CHAFFINCH DRIVE, HEBBURN, NE31 1BF - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

78 CHAFFINCH DRIVE is a small detached house of 89m², which could now be worth an estimated £275,781. It was last sold for £250,000 in April 2022, which was around 9% below the average April 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

78 CHAFFINCH DRIVE Sold Prices

Land registry data shows three sales for 78 CHAFFINCH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 78 CHAFFINCH 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 29 APR	£250,000	£276,097	9% below HPI
2021 3 MAR	£220,000	£255,912	14% below HPI
2018 21 DEC	£212,950	£243,621	13% below HPI

78 CHAFFINCH 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 three 78 CHAFFINCH DRIVE sales between December 2018 and April 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 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 78 CHAFFINCH DRIVE be worth now?

78 CHAFFINCH DRIVE might now be worth an estimated £275,781.

This is based on house price inflation of 10.3%, between April 2022 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.3% inflationary increase is applied to the most recent sale price for 78 CHAFFINCH DRIVE of £250,000 on 29th April 2022. For the value to have increased from £250,000 to £275,781 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 78 CHAFFINCH DRIVE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The April 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 78 CHAFFINCH DRIVE has not materially changed since April 2022.

How Large is 78 CHAFFINCH DRIVE?

78 CHAFFINCH DRIVE is 89m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hebburn, and where 78 CHAFFINCH DRIVE lies on this distribution: 21% of detached houses houses are smaller than 78 CHAFFINCH DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

78 CHAFFINCH DRIVE: Plot and Title Map

78 CHAFFINCH DRIVE sits on a plot of roughly 19.0 acres, or 76,781m². The below map shows the location of 78 CHAFFINCH 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 78 CHAFFINCH 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 78 CHAFFINCH DRIVE?

78 CHAFFINCH DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 78 on CHAFFINCH DRIVE.