32, GARDNER PARK, NORTH SHIELDS, NE29 0EA - £122,500

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.

32 GARDNER PARK is a very small terraced house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £172,802. It was last sold for £122,500 in January 2018, which was around 12% below the average January 2018 terraced price in the North Tyneside local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

32 GARDNER PARK Sold Prices

Land registry data shows four sales for 32 GARDNER PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. Most of the four 32 GARDNER PARK 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
2018 19 JAN	£122,500	£139,913	12% below HPI
2007 25 JAN	£108,000	£126,017	14% below HPI
2004 25 JUN	£101,000	£102,455	1% below HPI
1998 25 SEP	£51,995	£40,614	28% above HPI

32 GARDNER PARK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Tyneside local authority area over time, sourced from the HPI. The four 32 GARDNER PARK sales between September 1998 and January 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 January 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 32 GARDNER PARK be worth now?

32 GARDNER PARK might now be worth an estimated £172,802.

This is based on house price inflation of 41.1%, between January 2018 and May 2026, for terraced 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 41.1% inflationary increase is applied to the most recent sale price for 32 GARDNER PARK of £122,500 on 19th January 2018. For the value to have increased from £122,500 to £172,802 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 32 GARDNER PARK has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The January 2018 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 32 GARDNER PARK has not materially changed since January 2018.

How Large is 32 GARDNER PARK?

32 GARDNER PARK is 56m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of terraced houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tynemouth, and where 32 GARDNER PARK lies on this distribution: 1% of terraced houses houses are smaller than 32 GARDNER PARK, and 99% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

32 GARDNER PARK: Plot and Title Map

32 GARDNER PARK sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 32 GARDNER PARK, 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 32 GARDNER PARK). 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 32 GARDNER PARK?

32 GARDNER PARK is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 32 on GARDNER PARK.