38, COLLIERY CLOSE, BENTON, NEWCASTLE UPON TYNE, NE12 9TR - £349,950

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.

38 COLLIERY CLOSE is a very small detached house of 88m², built in 2013, which could now be worth an estimated £354,785. It was last sold for £349,950 in October 2024, which was around 4% below the average October 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was B.

38 COLLIERY CLOSE Sold Prices

Land registry data shows two sales for 38 COLLIERY CLOSE 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 38 COLLIERY CLOSE 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
2024 17 OCT	£349,950	£365,091	4% below HPI
2015 30 OCT	£256,995	£259,350	1% below HPI

38 COLLIERY CLOSE 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 38 COLLIERY CLOSE sales from October 2015 and October 2024 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 October 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2024 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 38 COLLIERY CLOSE be worth now?

38 COLLIERY CLOSE might now be worth an estimated £354,785.

This is based on house price inflation of 1.4%, between October 2024 and April 2026, for 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 1.4% inflationary increase is applied to the most recent sale price for 38 COLLIERY CLOSE of £349,950 on 17th October 2024. For the value to have increased from £349,950 to £354,785 over the two years and six months to April 2026, the following assumptions must hold true:

• The value of 38 COLLIERY CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2024 sale price of £349,950 represented a fair market value for the property.
• The size, condition, and specification of 38 COLLIERY CLOSE has not materially changed since October 2024.

How Large is 38 COLLIERY CLOSE?

38 COLLIERY CLOSE is 88m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longbenton, and where 38 COLLIERY CLOSE lies on this distribution: 8% of detached houses houses are smaller than 38 COLLIERY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

38 COLLIERY CLOSE: Plot and Title Map

38 COLLIERY CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 38 COLLIERY CLOSE, 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 38 COLLIERY CLOSE). 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 38 COLLIERY CLOSE?

38 COLLIERY CLOSE is located in BENTON, in the NE12 postcode district. The below map shows the position of No. 38 on COLLIERY CLOSE.