THE PLANTATION, CHURCHILL STREET, WALLSEND, NE28 7TB - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE PLANTATION is a very large extended detached house of 223m², built sometime between 1991 and 1995, which could now be worth an estimated £426,024. It was last sold for £400,000 in October 2022, which was around 14% above the average October 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

THE PLANTATION Sold Prices

Land registry data shows two sales for THE PLANTATION 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. One of the two THE PLANTATION sales was for above the average price, whilst the other was 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
2022 28 OCT	£400,000	£349,874	14% above HPI
2005 4 FEB	£25,000	£217,791	89% below HPI

THE PLANTATION 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 THE PLANTATION sales from February 2005 and October 2022 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 February 2005 sale was for 89% below the HPI. So the extrapolation line tracks at 89% below the HPI over time, until the October 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might THE PLANTATION be worth now?

THE PLANTATION might now be worth an estimated £426,024.

This is based on house price inflation of 6.5%, between October 2022 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for THE PLANTATION of £400,000 on 28th October 2022. For the value to have increased from £400,000 to £426,024 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of THE PLANTATION has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of THE PLANTATION has not materially changed since October 2022.

How Large is THE PLANTATION?

THE PLANTATION is 223m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallsend, and where THE PLANTATION lies on this distribution: More than 99% of detached houses houses are smaller than THE PLANTATION, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

THE PLANTATION: Plot and Title Map

THE PLANTATION sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of THE PLANTATION, 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 THE PLANTATION). 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 THE PLANTATION?

THE PLANTATION is located on CHURCHILL STREET in WALLSEND, in the NE28 postcode district. The below map shows the position of THE PLANTATION on CHURCHILL STREET.