31, DEREHAM WAY, NORTH SHIELDS, NE29 8EJ - £225,000

31 DEREHAM WAY is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £225,000 in October 2021, which was around 33% below the average October 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

31 DEREHAM WAY Sold Prices

Land registry data shows two sales for 31 DEREHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 31 DEREHAM WAY 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 29 OCT	£225,000	£338,327	33% below HPI
2016 20 JUL	£130,000	£270,860	52% below HPI

31 DEREHAM WAY 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 two 31 DEREHAM WAY sales from July 2016 and October 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 July 2016 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 31 DEREHAM WAY?

31 DEREHAM WAY is 101m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 31 DEREHAM WAY lies on this distribution: 40% of detached houses are smaller than 31 DEREHAM WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

31 DEREHAM WAY: Plot and Title Map

31 DEREHAM WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 31 DEREHAM 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 31 DEREHAM 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 31 DEREHAM WAY?

31 DEREHAM WAY is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 31 on DEREHAM WAY.