16, VERNON DRIVE, WHITLEY BAY, NE25 8JN - £375,000

16 VERNON DRIVE is a large extended detached house of 163m², built sometime between 2003 and 2006. It was last sold for £375,000 in June 2019, which was around 31% above the average June 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was C.

16 VERNON DRIVE Sold Prices

Land registry data shows two sales for 16 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 16 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
2019 4 JUN	£375,000	£286,978	31% above HPI
2004 17 SEP	£260,000	£220,032	18% above HPI

16 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 16 VERNON DRIVE sales from September 2004 and June 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 September 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2019 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 16 VERNON DRIVE?

16 VERNON DRIVE is 163m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 30% 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 16 VERNON DRIVE lies on this distribution: 75% of detached houses are smaller than 16 VERNON DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

16 VERNON DRIVE: Plot and Title Map

16 VERNON DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 16 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 16 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 16 VERNON DRIVE?

16 VERNON DRIVE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 16 on VERNON DRIVE.