120, LANCASTER DRIVE, WALLSEND, NE28 9TF - £175,000

120 LANCASTER DRIVE is a small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £175,000 in February 2014, which was around 26% below the average February 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

120 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 120 LANCASTER DRIVE 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 120 LANCASTER DRIVE 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
2014 28 FEB	£175,000	£235,923	26% below HPI
2007 14 MAR	£155,000	£240,064	35% below HPI
1995 11 AUG	£57,000	£78,632	28% below HPI

120 LANCASTER DRIVE 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 120 LANCASTER DRIVE sales between August 1995 and February 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 March 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 120 LANCASTER DRIVE?

120 LANCASTER DRIVE is 85m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 120 LANCASTER DRIVE lies on this distribution: 22% of detached houses are smaller than 120 LANCASTER DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

120 LANCASTER DRIVE: Plot and Title Map

120 LANCASTER DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 120 LANCASTER DRIVE, 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 120 LANCASTER DRIVE). 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 120 LANCASTER DRIVE?

120 LANCASTER DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 120 on LANCASTER DRIVE.