2, SHIBDON WAY, BLAYDON-ON-TYNE, NE21 5NX - £360,000

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 SHIBDON WAY is a very large extended detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £510,284. It was last sold for £360,000 in February 2011, which was around 80% above the average February 2011 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

2 SHIBDON WAY Sold Prices

Land registry data shows three sales for 2 SHIBDON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 2 SHIBDON WAY 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
2011 10 FEB	£360,000	£200,074	80% above HPI
2002 28 JUN	£275,000	£110,276	149% above HPI
1998 5 JUN	£130,000	£77,515	68% above HPI

2 SHIBDON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 2 SHIBDON WAY sales between June 1998 and February 2011 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 June 2002 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the February 2011 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 2 SHIBDON WAY be worth now?

2 SHIBDON WAY might now be worth an estimated £510,284.

This is based on house price inflation of 41.7%, between February 2011 and March 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.7% inflationary increase is applied to the most recent sale price for 2 SHIBDON WAY of £360,000 on 10th February 2011. For the value to have increased from £360,000 to £510,284 over the thirteen years and eleven months to March 2025, the following assumptions must hold true:

• The value of 2 SHIBDON WAY has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2011 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHIBDON WAY has not materially changed since February 2011.

How Large is 2 SHIBDON WAY?

2 SHIBDON WAY is 138m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of detached houses houses in Blaydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blaydon, and where 2 SHIBDON WAY lies on this distribution: 81% of detached houses houses are smaller than 2 SHIBDON WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Blaydon.

2 SHIBDON WAY: Plot and Title Map

2 SHIBDON WAY sits on a plot of roughly 0.276 of an acre, or 1,117m². The below map shows the location of 2 SHIBDON WAY, 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 SHIBDON WAY). 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 SHIBDON WAY?

2 SHIBDON WAY is located in BLAYDON-ON-TYNE, in the NE21 postcode district. The below map shows the position of No. 2 on SHIBDON WAY.