2, DOCKWRAY CLOSE, NORTH SHIELDS, NE30 1JW - £149,500

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.

2 DOCKWRAY CLOSE is a very small terraced house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £206,580. It was last sold for £149,500 in July 2016, which was around 9% above the average July 2016 terraced price in the North Tyneside local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

2 DOCKWRAY CLOSE Sold Prices

Land registry data shows four sales for 2 DOCKWRAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. All of the four 2 DOCKWRAY 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
2016 23 JUL	£149,500	£137,137	9% above HPI
2012 24 MAY	£138,000	£116,776	18% above HPI
2006 14 MAR	£138,000	£120,699	14% above HPI
1997 17 APR	£55,250	£35,499	56% above HPI

2 DOCKWRAY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Tyneside local authority area over time, sourced from the HPI. The four 2 DOCKWRAY CLOSE sales between April 1997 and July 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 May 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 DOCKWRAY CLOSE be worth now?

2 DOCKWRAY CLOSE might now be worth an estimated £206,580.

This is based on house price inflation of 38.2%, between July 2016 and June 2025, for terraced 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 38.2% inflationary increase is applied to the most recent sale price for 2 DOCKWRAY CLOSE of £149,500 on 23rd July 2016. For the value to have increased from £149,500 to £206,580 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of 2 DOCKWRAY CLOSE has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The July 2016 sale price of £149,500 represented a fair market value for the property.
• The size, condition, and specification of 2 DOCKWRAY CLOSE has not materially changed since July 2016.

How Large is 2 DOCKWRAY CLOSE?

2 DOCKWRAY CLOSE is 75m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of terraced houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tynemouth, and where 2 DOCKWRAY CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 2 DOCKWRAY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

2 DOCKWRAY CLOSE: Plot and Title Map

2 DOCKWRAY CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 2 DOCKWRAY 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 2 DOCKWRAY 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 2 DOCKWRAY CLOSE?

2 DOCKWRAY CLOSE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 2 on DOCKWRAY CLOSE.