1, PARKSHIEL, SOUTH SHIELDS, NE34 8BU - £305,000

1 PARKSHIEL is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £305,000 in January 2016, which was around 42% above the average January 2016 detached price in the South Tyneside local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

1 PARKSHIEL Sold Prices

Land registry data shows five sales for 1 PARKSHIEL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Most of the five 1 PARKSHIEL 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 29 JAN	£305,000	£214,669	42% above HPI
2013 18 SEP	£239,950	£208,464	15% above HPI
2011 11 OCT	£196,000	£193,048	2% above HPI
2001 2 APR	£135,000	£103,042	31% above HPI
1996 7 AUG	£30,600	£82,297	63% below HPI

1 PARKSHIEL 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 five 1 PARKSHIEL sales between August 1996 and January 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 September 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2016 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 1 PARKSHIEL?

1 PARKSHIEL is 112m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 1 PARKSHIEL lies on this distribution: 52% of detached houses are smaller than 1 PARKSHIEL, and 48% of houses are larger. Note that EPC data is not available for all properties in South Shields.

1 PARKSHIEL: Plot and Title Map

1 PARKSHIEL sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 1 PARKSHIEL, 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 1 PARKSHIEL). 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 1 PARKSHIEL?

1 PARKSHIEL is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 1 on PARKSHIEL.