3, WOODLEA, FOREST HALL, NEWCASTLE UPON TYNE, NE12 9BG - £218,000

3 WOODLEA is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £218,000 in December 2020, which was around 29% below the average December 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

3 WOODLEA Sold Prices

Land registry data shows four sales for 3 WOODLEA 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 3 WOODLEA 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
2020 11 DEC	£218,000	£309,155	29% below HPI
2005 31 MAR	£172,500	£219,656	21% below HPI
2001 19 OCT	£85,000	£108,263	21% below HPI
1996 20 DEC	£71,950	£77,143	7% below HPI

3 WOODLEA 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 3 WOODLEA sales between December 1996 and December 2020 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 March 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 WOODLEA?

3 WOODLEA is 82m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 3 WOODLEA lies on this distribution: 5% of detached houses are smaller than 3 WOODLEA, and 95% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

3 WOODLEA: Plot and Title Map

3 WOODLEA sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 3 WOODLEA, 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 3 WOODLEA). 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 3 WOODLEA?

3 WOODLEA is located in FOREST HALL, in the NE12 postcode district. The below map shows the position of No. 3 on WOODLEA.