15, CHESTERWOOD DRIVE, WALLSEND, NE28 8EP - £160,000

15 CHESTERWOOD DRIVE is a very small detached house of 61m², built sometime between 1996 and 2002. It was last sold for £160,000 in October 2019, which was around 45% below the average October 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

15 CHESTERWOOD DRIVE Sold Prices

Land registry data shows three sales for 15 CHESTERWOOD 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 15 CHESTERWOOD 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
2019 29 OCT	£160,000	£292,860	45% below HPI
2009 3 APR	£135,000	£217,018	38% below HPI
2004 2 JUL	£139,000	£215,490	35% below HPI

15 CHESTERWOOD 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 15 CHESTERWOOD DRIVE sales between July 2004 and October 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 April 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 15 CHESTERWOOD DRIVE?

15 CHESTERWOOD DRIVE is 61m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 15 CHESTERWOOD DRIVE lies on this distribution: 2% of detached houses are smaller than 15 CHESTERWOOD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

15 CHESTERWOOD DRIVE: Plot and Title Map

15 CHESTERWOOD DRIVE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 15 CHESTERWOOD 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 15 CHESTERWOOD 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 15 CHESTERWOOD DRIVE?

15 CHESTERWOOD DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 15 on CHESTERWOOD DRIVE.