40, KINGS VALE, WALLSEND, NE28 7JS - £217,000

40 KINGS VALE is a midsized extended detached house of 95m², built sometime between 2003 and 2006. It was last sold for £217,000 in October 2014, which was around 14% below the average October 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

40 KINGS VALE Sold Prices

Land registry data shows two sales for 40 KINGS VALE 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 40 KINGS VALE 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
2014 24 OCT	£217,000	£251,027	14% below HPI
2003 22 AUG	£159,000	£177,185	10% below HPI

40 KINGS VALE 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 40 KINGS VALE sales from August 2003 and October 2014 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 August 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 40 KINGS VALE?

40 KINGS VALE is 95m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 40 KINGS VALE lies on this distribution: 40% of detached houses are smaller than 40 KINGS VALE, and 58% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

40 KINGS VALE: Plot and Title Map

40 KINGS VALE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 40 KINGS VALE, 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 40 KINGS VALE). 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 40 KINGS VALE?

40 KINGS VALE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 40 on KINGS VALE.