26, PALACE CLOSE, SOUTH SHIELDS, NE33 5EQ - £205,000

26 PALACE CLOSE is a midsized detached house of 104m². It was last sold for £205,000 in March 2022, which was around 27% below the average March 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

26 PALACE CLOSE Sold Prices

Land registry data shows two sales for 26 PALACE 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 South Tyneside local authority area for the corresponding sale date. Both of the two 26 PALACE 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
2022 11 MAR	£205,000	£279,422	27% below HPI
2015 23 APR	£164,995	£213,130	23% below HPI

26 PALACE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 26 PALACE CLOSE sales from April 2015 and March 2022 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 April 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 26 PALACE CLOSE?

26 PALACE CLOSE is 104m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 26 PALACE CLOSE lies on this distribution: 43% of detached houses are smaller than 26 PALACE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in South Shields.

26 PALACE CLOSE: Plot and Title Map

26 PALACE CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 26 PALACE 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 26 PALACE 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 26 PALACE CLOSE?

26 PALACE CLOSE is located in SOUTH SHIELDS, in the NE33 postcode district. The below map shows the position of No. 26 on PALACE CLOSE.