17, GRESFORD CLOSE, HEBBURN, NE31 2BL - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 GRESFORD CLOSE is a very small semi-detached house of 77m², built in 2018, which could now be worth an estimated £242,685. It was last sold for £225,000 in June 2024, which was around 31% above the average June 2024 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

17 GRESFORD CLOSE Sold Prices

Land registry data shows three sales for 17 GRESFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 17 GRESFORD CLOSE 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
2024 21 JUN	£225,000	£172,158	31% above HPI
2022 29 JUL	£220,000	£167,205	32% above HPI
2019 12 DEC	£194,995	£144,599	35% above HPI

17 GRESFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 17 GRESFORD CLOSE sales between December 2019 and June 2024 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 July 2022 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2024 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 17 GRESFORD CLOSE be worth now?

17 GRESFORD CLOSE might now be worth an estimated £242,685.

This is based on house price inflation of 7.9%, between June 2024 and April 2026, for semi-detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.9% inflationary increase is applied to the most recent sale price for 17 GRESFORD CLOSE of £225,000 on 21st June 2024. For the value to have increased from £225,000 to £242,685 over the two years and two months to April 2026, the following assumptions must hold true:

• The value of 17 GRESFORD CLOSE has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The June 2024 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GRESFORD CLOSE has not materially changed since June 2024.

How Large is 17 GRESFORD CLOSE?

17 GRESFORD CLOSE is 77m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of semi-detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hebburn, and where 17 GRESFORD CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 17 GRESFORD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

17 GRESFORD CLOSE: Plot and Title Map

17 GRESFORD CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 17 GRESFORD CLOSE, 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 17 GRESFORD CLOSE). 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 17 GRESFORD CLOSE?

17 GRESFORD CLOSE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 17 on GRESFORD CLOSE.