8, THIRLMERE CLOSE, KILLINGWORTH, NEWCASTLE UPON TYNE, NE12 6GZ - £197,000

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.

8 THIRLMERE CLOSE is a small detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £267,713. It was last sold for £197,000 in May 2018, which was around 28% below the average May 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

8 THIRLMERE CLOSE Sold Prices

Land registry data shows two sales for 8 THIRLMERE CLOSE 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 8 THIRLMERE CLOSE 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
2018 10 MAY	£197,000	£274,210	28% below HPI
1999 5 NOV	£75,000	£93,256	20% below HPI

8 THIRLMERE CLOSE 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 8 THIRLMERE CLOSE sales from November 1999 and May 2018 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 November 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 THIRLMERE CLOSE be worth now?

8 THIRLMERE CLOSE might now be worth an estimated £267,713.

This is based on house price inflation of 35.9%, between May 2018 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.9% inflationary increase is applied to the most recent sale price for 8 THIRLMERE CLOSE of £197,000 on 10th May 2018. For the value to have increased from £197,000 to £267,713 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 8 THIRLMERE CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The May 2018 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THIRLMERE CLOSE has not materially changed since May 2018.

How Large is 8 THIRLMERE CLOSE?

8 THIRLMERE CLOSE is 86m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of detached houses houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Killingworth, and where 8 THIRLMERE CLOSE lies on this distribution: 31% of detached houses houses are smaller than 8 THIRLMERE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

8 THIRLMERE CLOSE: Plot and Title Map

8 THIRLMERE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 8 THIRLMERE CLOSE, 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 THIRLMERE CLOSE). 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 8 THIRLMERE CLOSE?

8 THIRLMERE CLOSE is located in KILLINGWORTH, in the NE12 postcode district. The below map shows the position of No. 8 on THIRLMERE CLOSE.