29, FRANKLAND DRIVE, WHITLEY BAY, NE25 9DS - £265,500

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.

29 FRANKLAND DRIVE is a small extended semi-detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £364,067. It was last sold for £265,500 in July 2018, which was around 63% above the average July 2018 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

29 FRANKLAND DRIVE Sold Prices

Land registry data shows two sales for 29 FRANKLAND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 29 FRANKLAND DRIVE 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
2018 26 JUL	£265,500	£163,012	63% above HPI
1999 23 DEC	£67,500	£50,921	33% above HPI

29 FRANKLAND DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 29 FRANKLAND DRIVE sales from December 1999 and July 2018 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 December 1999 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2018 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 29 FRANKLAND DRIVE be worth now?

29 FRANKLAND DRIVE might now be worth an estimated £364,067.

This is based on house price inflation of 37.1%, between July 2018 and February 2025, for semi-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 37.1% inflationary increase is applied to the most recent sale price for 29 FRANKLAND DRIVE of £265,500 on 26th July 2018. For the value to have increased from £265,500 to £364,067 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 29 FRANKLAND DRIVE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The July 2018 sale price of £265,500 represented a fair market value for the property.
• The size, condition, and specification of 29 FRANKLAND DRIVE has not materially changed since July 2018.

How Large is 29 FRANKLAND DRIVE?

29 FRANKLAND DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of semi-detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whitley Bay, and where 29 FRANKLAND DRIVE lies on this distribution: 28% of semi-detached houses houses are smaller than 29 FRANKLAND DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

29 FRANKLAND DRIVE: Plot and Title Map

29 FRANKLAND DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 29 FRANKLAND DRIVE, 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 29 FRANKLAND DRIVE). 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 29 FRANKLAND DRIVE?

29 FRANKLAND DRIVE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 29 on FRANKLAND DRIVE.