MONKTON VILLA, MONKTON LANE, MONKTON VILLAGE, JARROW, NE32 5NN - £243,500

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

MONKTON VILLA is a large extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £243,500 in July 2014, which was around 16% above the average July 2014 detached price in the South Tyneside local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

MONKTON VILLA Sold Prices

Land registry data shows four sales for MONKTON VILLA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the four MONKTON VILLA 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
2014 18 JUL	£243,500	£209,654	16% above HPI
2007 2 NOV	£248,000	£232,841	7% above HPI
2004 4 JUN	£207,500	£182,455	14% above HPI
1996 28 JUN	£89,000	£78,446	13% above HPI

MONKTON VILLA 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 four MONKTON VILLA sales between June 1996 and July 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 November 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2014 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is MONKTON VILLA?

MONKTON VILLA is 126m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Jarrow, based on EPC data. The below chart shows the distribution of detached houses by size in Jarrow, and where MONKTON VILLA lies on this distribution: 80% of detached houses are smaller than MONKTON VILLA, and 19% of houses are larger. Note that EPC data is not available for all properties in Jarrow.

MONKTON VILLA: Plot and Title Map

MONKTON VILLA sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of MONKTON VILLA, 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 MONKTON VILLA). 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 MONKTON VILLA?

MONKTON VILLA is located on MONKTON LANE in MONKTON VILLAGE, in the NE32 postcode district. The below map shows the position of MONKTON VILLA on MONKTON LANE.