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

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

78 CHAFFINCH DRIVE is a small detached house of 89m². It was last sold for £250,000 in April 2022, which was around 8% 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	£271,866	8% below HPI
2021 3 MAR	£220,000	£251,990	13% below HPI
2018 21 DEC	£212,950	£239,888	11% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

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 in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 78 CHAFFINCH DRIVE lies on this distribution: 22% of detached 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 76,946m². 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.