GREENRIGGS, DIPE LANE, EAST BOLDON, NE36 0PH - £525,000

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

GREENRIGGS is a very large extended detached house of 205m², built sometime between 1950 and 1966. It was last sold for £525,000 in March 2021, which was around 108% above the average March 2021 detached price in the South Tyneside local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

GREENRIGGS Sold Prices

Land registry data shows three sales for GREENRIGGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three GREENRIGGS 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
2021 8 MAR	£525,000	£251,990	108% above HPI
2020 12 MAR	£336,000	£239,218	40% above HPI
1997 1 SEP	£156,000	£85,128	83% above HPI

GREENRIGGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three GREENRIGGS sales between September 1997 and March 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 March 2020 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2021 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is GREENRIGGS?

GREENRIGGS is 205m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in West Boldon, based on EPC data. The below chart shows the distribution of detached houses by size in West Boldon, and where GREENRIGGS lies on this distribution: 91% of detached houses are smaller than GREENRIGGS, and 7% of houses are larger. Note that EPC data is not available for all properties in West Boldon.

GREENRIGGS: Plot and Title Map

GREENRIGGS sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of GREENRIGGS, 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 GREENRIGGS). 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 GREENRIGGS?

GREENRIGGS is located on DIPE LANE in EAST BOLDON, in the NE36 postcode district. The below map shows the position of GREENRIGGS on DIPE LANE.