8, WOODLEA, FOREST HALL, NEWCASTLE UPON TYNE, NE12 9BG - £190,000

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

8 WOODLEA is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £190,000 in November 2020, which was around 38% below the average November 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

8 WOODLEA Sold Prices

Land registry data shows six sales for 8 WOODLEA since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the six 8 WOODLEA 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
2020 20 NOV	£190,000	£308,015	38% below HPI
2020 27 MAR	£185,000	£288,246	36% below HPI
2013 2 JAN	£172,500	£229,323	25% below HPI
2005 6 APR	£155,000	£219,885	30% below HPI
2002 28 FEB	£85,000	£111,747	24% below HPI
1998 24 FEB	£73,995	£85,024	13% below HPI

8 WOODLEA 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 six 8 WOODLEA sales between February 1998 and November 2020 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 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 WOODLEA?

8 WOODLEA is 75m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 8 WOODLEA lies on this distribution: 2% of detached houses are smaller than 8 WOODLEA, and 98% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

8 WOODLEA: Plot and Title Map

8 WOODLEA sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8 WOODLEA, 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 WOODLEA). 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 WOODLEA?

8 WOODLEA is located in FOREST HALL, in the NE12 postcode district. The below map shows the position of No. 8 on WOODLEA.