18, DAVY CLOSE, HEBBURN, NE31 1TG - £145,000

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 DAVY CLOSE is a very small semi-detached house of 71m², built in 2013, which could now be worth an estimated £181,478. It was last sold for £145,000 in December 2020, which was around 4% below the average December 2020 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

18 DAVY CLOSE Sold Prices

Land registry data shows three sales for 18 DAVY 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. Two of the three 18 DAVY CLOSE sales were for below the average price, whilst one was 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
2020 21 DEC	£145,000	£150,323	4% below HPI
2017 3 NOV	£134,000	£136,756	2% below HPI
2014 28 FEB	£126,995	£118,304	7% above HPI

18 DAVY 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 18 DAVY CLOSE sales between February 2014 and December 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 November 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 18 DAVY CLOSE be worth now?

18 DAVY CLOSE might now be worth an estimated £181,478.

This is based on house price inflation of 25.2%, between December 2020 and May 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 25.2% inflationary increase is applied to the most recent sale price for 18 DAVY CLOSE of £145,000 on 21st December 2020. For the value to have increased from £145,000 to £181,478 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 18 DAVY CLOSE has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The December 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 18 DAVY CLOSE has not materially changed since December 2020.

How Large is 18 DAVY CLOSE?

18 DAVY CLOSE is 71m² according to the EPC inspection conducted in December 2013. 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 18 DAVY CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 18 DAVY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

18 DAVY CLOSE: Plot and Title Map

18 DAVY CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 18 DAVY 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 DAVY 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 DAVY CLOSE?

18 DAVY CLOSE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 18 on DAVY CLOSE.