PIER COTTAGE, SPANISH BATTERY, NORTH SHIELDS, NE30 4DB - £685,000

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

PIER COTTAGE is a midsized extended detached house of 104m², built sometime before 1900. It was last sold for £685,000 in June 2019, which was around 139% above the average June 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was D.

PIER COTTAGE Sold Prices

Land registry data shows two sales for PIER COTTAGE 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 PIER COTTAGE 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
2019 26 JUN	£685,000	£286,978	139% above HPI
2007 21 SEP	£310,000	£255,183	21% above HPI

PIER COTTAGE 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 PIER COTTAGE sales from September 2007 and June 2019 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 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2019 sale, where it rises to 139% above the HPI. The line then continues to track at 139% above the HPI.

How Large is PIER COTTAGE?

PIER COTTAGE is 104m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where PIER COTTAGE lies on this distribution: 42% of detached houses are smaller than PIER COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

PIER COTTAGE: Plot and Title Map

PIER COTTAGE sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of PIER COTTAGE, 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 PIER COTTAGE). 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 PIER COTTAGE?

PIER COTTAGE is located on SPANISH BATTERY in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of PIER COTTAGE on SPANISH BATTERY.