2, MOFFAT CLOSE, NORTH SHIELDS, NE29 8DR - £272,000

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.

2 MOFFAT CLOSE is a small extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £323,830. It was last sold for £272,000 in June 2021, which was around 11% below the average June 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

2 MOFFAT CLOSE Sold Prices

Land registry data shows four sales for 2 MOFFAT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 2 MOFFAT CLOSE sales were 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
2021 7 JUN	£272,000	£306,572	11% below HPI
2010 17 SEP	£130,000	£231,984	44% below HPI
2000 7 AUG	£75,000	£96,649	22% below HPI
1999 21 MAY	£53,000	£84,229	37% below HPI

2 MOFFAT 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 four 2 MOFFAT CLOSE sales between May 1999 and June 2021 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 September 2010 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 MOFFAT CLOSE be worth now?

2 MOFFAT CLOSE might now be worth an estimated £323,830.

This is based on house price inflation of 19.1%, between June 2021 and June 2025, 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 19.1% inflationary increase is applied to the most recent sale price for 2 MOFFAT CLOSE of £272,000 on 7th June 2021. For the value to have increased from £272,000 to £323,830 over the four years to June 2025, the following assumptions must hold true:

• The value of 2 MOFFAT CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2021 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MOFFAT CLOSE has not materially changed since June 2021.

How Large is 2 MOFFAT CLOSE?

2 MOFFAT CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% 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 2 MOFFAT CLOSE lies on this distribution: 26% of detached houses houses are smaller than 2 MOFFAT CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

2 MOFFAT CLOSE: Plot and Title Map

2 MOFFAT CLOSE sits on a plot of roughly 20.2 acres, or 81,930m². The below map shows the location of 2 MOFFAT 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 MOFFAT 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 MOFFAT CLOSE?

2 MOFFAT CLOSE is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 2 on MOFFAT CLOSE.