40, THE COVERS, WALLSEND, NE28 7QQ - £289,950

40 THE COVERS is a very large extended detached house of 139m², built sometime between 2003 and 2006. It was last sold for £289,950 in November 2015, which was around 10% above the average November 2015 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

40 THE COVERS Sold Prices

Land registry data shows two sales for 40 THE COVERS 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 THE COVERS sales were for above 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
2015 27 NOV	£289,950	£264,272	10% above HPI
1999 10 DEC	£140,750	£92,836	52% above HPI

40 THE COVERS 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 THE COVERS sales from December 1999 and November 2015 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 1999 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the November 2015 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 40 THE COVERS?

40 THE COVERS is 139m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% 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 THE COVERS lies on this distribution: 92% of detached houses are smaller than 40 THE COVERS, and 7% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

40 THE COVERS: Plot and Title Map

40 THE COVERS sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 40 THE COVERS, 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 THE COVERS). 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 THE COVERS?

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