31, LANDFALL DRIVE, HEBBURN, NE31 1FE - £138,000

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.

31 LANDFALL DRIVE is a very small terraced house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £181,805. It was last sold for £138,000 in September 2020, which was around 20% above the average September 2020 terraced price in the South Tyneside local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

31 LANDFALL DRIVE Sold Prices

Land registry data shows three sales for 31 LANDFALL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Tyneside local authority area for the corresponding sale date. The three 31 LANDFALL DRIVE sales were a mix of above the average price, and roughly equal to 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 25 SEP	£138,000	£115,236	20% above HPI
2019 20 DEC	£115,000	£115,362	Close to HPI
2006 31 AUG	£165,950	£113,001	47% above HPI

31 LANDFALL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Tyneside local authority area over time, sourced from the HPI. The three 31 LANDFALL DRIVE sales between August 2006 and September 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 December 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 31 LANDFALL DRIVE be worth now?

31 LANDFALL DRIVE might now be worth an estimated £181,805.

This is based on house price inflation of 31.7%, between September 2020 and May 2026, for terraced houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.7% inflationary increase is applied to the most recent sale price for 31 LANDFALL DRIVE of £138,000 on 25th September 2020. For the value to have increased from £138,000 to £181,805 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 31 LANDFALL DRIVE has moved in line with the HPI for terraced houses in the South Tyneside local authority area.
• The September 2020 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LANDFALL DRIVE has not materially changed since September 2020.

How Large is 31 LANDFALL DRIVE?

31 LANDFALL DRIVE is 78m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of terraced houses houses in Hebburn, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hebburn, and where 31 LANDFALL DRIVE lies on this distribution: 6% of terraced houses houses are smaller than 31 LANDFALL DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

31 LANDFALL DRIVE: Plot and Title Map

31 LANDFALL DRIVE sits on a plot of roughly 9.5 acres, or 38,513m². The below map shows the location of 31 LANDFALL 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 31 LANDFALL 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 31 LANDFALL DRIVE?

31 LANDFALL DRIVE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 31 on LANDFALL DRIVE.