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
8 THE WILLOWS is a very small detached house of 79m², built sometime between 2003 and 2006. It was last sold for £145,500 in March 2017, which was around 46% below the average March 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 8 THE WILLOWS 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. All of the three 8 THE WILLOWS 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 |
---|---|---|---|
2017 31 MAR | £145,500 | £271,762 | 46% below HPI |
2008 22 OCT | £133,000 | £229,099 | 42% below HPI |
2004 9 JUL | £142,500 | £215,490 | 34% 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 8 THE WILLOWS sales between July 2004 and March 2017 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 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2017 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
8 THE WILLOWS is 79m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Seaton Burn, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton Burn, and where 8 THE WILLOWS lies on this distribution: 13% of detached houses are smaller than 8 THE WILLOWS, and 87% of houses are larger. Note that EPC data is not available for all properties in Seaton Burn.
8 THE WILLOWS sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 8 THE WILLOWS, 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 8 THE WILLOWS). 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.
8 THE WILLOWS is located in SEATON BURN, in the NE13 postcode district. The below map shows the position of No. 8 on THE WILLOWS.