16, WESTFIELD PARK, WALLSEND, NE28 8LB - £178,000

16 WESTFIELD PARK is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £178,000 in July 2020, which was around 40% below the average July 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

16 WESTFIELD PARK Sold Prices

Land registry data shows five sales for 16 WESTFIELD PARK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the five 16 WESTFIELD PARK 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
2020 10 JUL	£178,000	£295,816	40% below HPI
2008 2 MAY	£174,500	£253,208	31% below HPI
2007 27 APR	£175,000	£240,396	27% below HPI
2001 19 JAN	£74,000	£98,231	25% below HPI
1996 27 SEP	£72,950	£81,071	10% below HPI

16 WESTFIELD PARK 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 five 16 WESTFIELD PARK sales between September 1996 and July 2020 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 May 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 16 WESTFIELD PARK?

16 WESTFIELD PARK is 75m² according to the EPC inspection conducted in November 2017. 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 16 WESTFIELD PARK lies on this distribution: 7% of detached houses are smaller than 16 WESTFIELD PARK, and 93% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

16 WESTFIELD PARK: Plot and Title Map

16 WESTFIELD PARK sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 16 WESTFIELD PARK, 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 WESTFIELD PARK). 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 WESTFIELD PARK?

16 WESTFIELD PARK is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 16 on WESTFIELD PARK.