18, GREEN CLOSE, NORTH SHIELDS, NE30 2TY - £455,106

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 GREEN CLOSE is a very large detached house of 147m², built sometime between 1983 and 1990, which could now be worth an estimated £692,775. It was last sold for £455,106 in September 2014, which was around 86% above the average September 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

18 GREEN CLOSE Sold Prices

Land registry data shows two sales for 18 GREEN CLOSE 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 18 GREEN 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
2014 25 SEP	£455,106	£245,222	86% above HPI
2006 22 AUG	£375,000	£231,541	62% above HPI

18 GREEN CLOSE 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 18 GREEN CLOSE sales from August 2006 and September 2014 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 2006 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2014 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might 18 GREEN CLOSE be worth now?

18 GREEN CLOSE might now be worth an estimated £692,775.

This is based on house price inflation of 52.2%, between September 2014 and May 2026, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.2% inflationary increase is applied to the most recent sale price for 18 GREEN CLOSE of £455,106 on 25th September 2014. For the value to have increased from £455,106 to £692,775 over the twelve years and four months to May 2026, the following assumptions must hold true:

• The value of 18 GREEN CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The September 2014 sale price of £455,106 represented a fair market value for the property.
• The size, condition, and specification of 18 GREEN CLOSE has not materially changed since September 2014.

How Large is 18 GREEN CLOSE?

18 GREEN CLOSE is 147m² according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where 18 GREEN CLOSE lies on this distribution: 81% of detached houses houses are smaller than 18 GREEN CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

18 GREEN CLOSE: Plot and Title Map

18 GREEN CLOSE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 18 GREEN 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 GREEN 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 GREEN CLOSE?

18 GREEN CLOSE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 18 on GREEN CLOSE.