18, BOWNESS CLOSE, EAST BOLDON, NE36 0UQ - £245,000

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.

18 BOWNESS CLOSE is a small extended detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £336,140. It was last sold for £245,000 in April 2016, which was around 8% above the average April 2016 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

18 BOWNESS CLOSE Sold Prices

Land registry data shows three sales for 18 BOWNESS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Two of the three 18 BOWNESS CLOSE sales were for above the average price, whilst one was 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
2016 1 APR	£245,000	£227,827	8% above HPI
2014 8 AUG	£245,000	£212,143	15% above HPI
1995 3 NOV	£80,500	£82,257	2% below HPI

18 BOWNESS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 18 BOWNESS CLOSE sales between November 1995 and April 2016 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 August 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 18 BOWNESS CLOSE be worth now?

18 BOWNESS CLOSE might now be worth an estimated £336,140.

This is based on house price inflation of 37.2%, between April 2016 and March 2025, for 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 37.2% inflationary increase is applied to the most recent sale price for 18 BOWNESS CLOSE of £245,000 on 1st April 2016. For the value to have increased from £245,000 to £336,140 over the nine years and one month to March 2025, the following assumptions must hold true:

• The value of 18 BOWNESS CLOSE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The April 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BOWNESS CLOSE has not materially changed since April 2016.

How Large is 18 BOWNESS CLOSE?

18 BOWNESS CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses houses in East Boldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Boldon, and where 18 BOWNESS CLOSE lies on this distribution: 27% of detached houses houses are smaller than 18 BOWNESS CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in East Boldon.

18 BOWNESS CLOSE: Plot and Title Map

18 BOWNESS CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 18 BOWNESS 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 18 BOWNESS 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 18 BOWNESS CLOSE?

18 BOWNESS CLOSE is located in EAST BOLDON, in the NE36 postcode district. The below map shows the position of No. 18 on BOWNESS CLOSE.