41, WIMSLOW CLOSE, WALLSEND, NE28 8TB - £106,500

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.

41 WIMSLOW CLOSE is a very small terraced house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £125,381. It was last sold for £106,500 in March 2021, which was around 34% below the average March 2021 terraced price in the North Tyneside local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

41 WIMSLOW CLOSE Sold Prices

Land registry data shows three sales for 41 WIMSLOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. All of the three 41 WIMSLOW 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
2021 24 MAR	£106,500	£160,961	34% below HPI
2005 7 OCT	£100,500	£116,302	14% below HPI
1998 4 DEC	£35,000	£39,872	12% below HPI

41 WIMSLOW CLOSE 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 three 41 WIMSLOW CLOSE sales between December 1998 and March 2021 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 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 41 WIMSLOW CLOSE be worth now?

41 WIMSLOW CLOSE might now be worth an estimated £125,381.

This is based on house price inflation of 17.7%, between March 2021 and June 2025, 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 17.7% inflationary increase is applied to the most recent sale price for 41 WIMSLOW CLOSE of £106,500 on 24th March 2021. For the value to have increased from £106,500 to £125,381 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 41 WIMSLOW CLOSE has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The March 2021 sale price of £106,500 represented a fair market value for the property.
• The size, condition, and specification of 41 WIMSLOW CLOSE has not materially changed since March 2021.

How Large is 41 WIMSLOW CLOSE?

41 WIMSLOW CLOSE is 63m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of terraced houses houses in Wallsend, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wallsend, and where 41 WIMSLOW CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 41 WIMSLOW CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

41 WIMSLOW CLOSE: Plot and Title Map

41 WIMSLOW CLOSE sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 41 WIMSLOW 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 41 WIMSLOW 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 41 WIMSLOW CLOSE?

41 WIMSLOW CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 41 on WIMSLOW CLOSE.