GARDEN HOUSE, PRESTON NORTH ROAD, NORTH SHIELDS, NE29 9PX - £545,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GARDEN HOUSE is a very large extended detached house of 363m², built sometime between 1967 and 1975. It was last sold for £545,000 in November 2016, which was around 100% above the average November 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was C.

GARDEN HOUSE Sold Prices

Land registry data shows three sales for GARDEN HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three GARDEN HOUSE 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
2016 30 NOV	£545,000	£272,992	100% above HPI
2014 30 JUN	£510,000	£247,743	106% above HPI
1996 6 MAR	£197,000	£75,092	162% above HPI

GARDEN HOUSE 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 three GARDEN HOUSE sales between March 1996 and November 2016 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 June 2014 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the November 2016 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is GARDEN HOUSE?

GARDEN HOUSE is 363m², which includes four extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where GARDEN HOUSE lies on this distribution: More than 99% of detached houses are smaller than GARDEN HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

GARDEN HOUSE: Plot and Title Map

GARDEN HOUSE sits on a plot of roughly 8.3 acres, or 33,496m². The below map shows the location of GARDEN HOUSE, 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 GARDEN HOUSE). 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 GARDEN HOUSE?

GARDEN HOUSE is located on PRESTON NORTH ROAD in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of GARDEN HOUSE on PRESTON NORTH ROAD.