9, THE RISINGS, WALLSEND, NE28 9PB - £215,000

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

9 THE RISINGS is a very small detached house of 79m². It was last sold for £215,000 in August 2021, which was around 31% below the average August 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

9 THE RISINGS Sold Prices

Land registry data shows two sales for 9 THE RISINGS 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 THE RISINGS 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
2021 13 AUG	£215,000	£312,742	31% below HPI
2016 29 JUL	£184,995	£270,860	32% below HPI

9 THE RISINGS 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 THE RISINGS sales from July 2016 and August 2021 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 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 9 THE RISINGS?

9 THE RISINGS is 79m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 9 THE RISINGS lies on this distribution: 14% of detached houses are smaller than 9 THE RISINGS, and 85% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

9 THE RISINGS: Plot and Title Map

9 THE RISINGS sits on a plot of roughly 2.6 acres, or 10,679m². The below map shows the location of 9 THE RISINGS, 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 THE RISINGS). 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 THE RISINGS?

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