15, VERNON DRIVE, WHITLEY BAY, NE25 8JN - £420,000

15 VERNON DRIVE is a very large detached house of 198m², built sometime between 1983 and 1990. It was last sold for £420,000 in August 2023, which was around 12% above the average August 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

15 VERNON DRIVE Sold Prices

Land registry data shows two sales for 15 VERNON DRIVE 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. Both of the two 15 VERNON DRIVE 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
2023 22 AUG	£420,000	£375,434	12% above HPI
1996 27 SEP	£105,000	£81,071	30% above HPI

15 VERNON 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 two 15 VERNON DRIVE sales from September 1996 and August 2023 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 1996 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2023 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 15 VERNON DRIVE?

15 VERNON DRIVE is 198m² according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 15 VERNON DRIVE lies on this distribution: 89% of detached houses are smaller than 15 VERNON DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

15 VERNON DRIVE: Plot and Title Map

15 VERNON DRIVE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 15 VERNON 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 VERNON 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 VERNON DRIVE?

15 VERNON DRIVE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 15 on VERNON DRIVE.