9, RICHMOND PARK, WALLSEND, NE28 8UN - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 RICHMOND PARK is a large extended semi-detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £367,294. It was last sold for £340,000 in January 2024, which was around 64% above the average January 2024 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

9 RICHMOND PARK Sold Prices

Land registry data shows three sales for 9 RICHMOND PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 9 RICHMOND PARK sales were for above 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
2024 18 JAN	£340,000	£206,919	64% above HPI
1999 17 SEP	£89,000	£50,249	77% above HPI
1996 4 OCT	£80,000	£44,362	80% above HPI

9 RICHMOND PARK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 9 RICHMOND PARK sales between October 1996 and January 2024 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 September 1999 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the January 2024 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 9 RICHMOND PARK be worth now?

9 RICHMOND PARK might now be worth an estimated £367,294.

This is based on house price inflation of 8%, between January 2024 and February 2025, for semi-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 8% inflationary increase is applied to the most recent sale price for 9 RICHMOND PARK of £340,000 on 18th January 2024. For the value to have increased from £340,000 to £367,294 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 9 RICHMOND PARK has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The January 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RICHMOND PARK has not materially changed since January 2024.

How Large is 9 RICHMOND PARK?

9 RICHMOND PARK is 119m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% of semi-detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wallsend, and where 9 RICHMOND PARK lies on this distribution: 79% of semi-detached houses houses are smaller than 9 RICHMOND PARK, and 21% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

9 RICHMOND PARK: Plot and Title Map

9 RICHMOND PARK sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 9 RICHMOND PARK, 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 RICHMOND PARK). 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 RICHMOND PARK?

9 RICHMOND PARK is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 9 on RICHMOND PARK.