9, PARK DRIVE, FOREST HALL, NEWCASTLE UPON TYNE, NE12 9JP - £197,950

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

9 PARK DRIVE is a very small detached house of 93m², built sometime between 1900 and 1929. It was last sold for £197,950 in November 2014, which was around 21% below the average November 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

9 PARK DRIVE Sold Prices

Land registry data shows two sales for 9 PARK DRIVE 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 9 PARK 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
2014 14 NOV	£197,950	£251,508	21% below HPI
1997 24 JUL	£74,000	£83,457	11% below HPI

9 PARK DRIVE 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 9 PARK DRIVE sales from July 1997 and November 2014 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 July 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 9 PARK DRIVE?

9 PARK DRIVE is 93m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 9 PARK DRIVE lies on this distribution: 18% of detached houses are smaller than 9 PARK DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

9 PARK DRIVE: Plot and Title Map

9 PARK DRIVE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 9 PARK 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 9 PARK 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 9 PARK DRIVE?

9 PARK DRIVE is located in FOREST HALL, in the NE12 postcode district. The below map shows the position of No. 9 on PARK DRIVE.