11, DERWENT WAY, WALLSEND, NE28 6AD - £203,000

11 DERWENT WAY is a midsized extended detached house of 95m², built sometime between 2007 and 2011. It was last sold for £203,000 in February 2021, which was around 36% below the average February 2021 detached price in the North 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 B.

11 DERWENT WAY Sold Prices

Land registry data shows three sales for 11 DERWENT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 11 DERWENT WAY sales were 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
2021 26 FEB	£203,000	£317,779	36% below HPI
2014 22 JUL	£157,500	£249,309	37% below HPI
2008 16 SEP	£170,000	£235,544	28% below HPI

11 DERWENT WAY 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 three 11 DERWENT WAY sales between September 2008 and February 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 July 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 11 DERWENT WAY?

11 DERWENT WAY is 95m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 11 DERWENT WAY lies on this distribution: 40% of detached houses are smaller than 11 DERWENT WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

11 DERWENT WAY: Plot and Title Map

11 DERWENT WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 11 DERWENT WAY, 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 11 DERWENT WAY). 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 11 DERWENT WAY?

11 DERWENT WAY is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 11 on DERWENT WAY.