42, GAINSBOROUGH CLOSE, WHITLEY BAY, NE25 9XB - £240,000

42 GAINSBOROUGH CLOSE is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £240,000 in July 2010, which was around 3% above the average July 2010 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

42 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 42 GAINSBOROUGH 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 42 GAINSBOROUGH CLOSE 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
2010 23 JUL	£240,000	£233,864	3% above HPI
2002 6 SEP	£160,000	£139,196	15% above HPI

42 GAINSBOROUGH 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 42 GAINSBOROUGH CLOSE sales from September 2002 and July 2010 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 September 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2010 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 42 GAINSBOROUGH CLOSE?

42 GAINSBOROUGH CLOSE is 79m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 42 GAINSBOROUGH CLOSE lies on this distribution: 5% of detached houses are smaller than 42 GAINSBOROUGH CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

42 GAINSBOROUGH CLOSE: Plot and Title Map

42 GAINSBOROUGH CLOSE sits on a plot of roughly 103.6 acres, or 419,392m². The below map shows the location of 42 GAINSBOROUGH 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 42 GAINSBOROUGH 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 42 GAINSBOROUGH CLOSE?

42 GAINSBOROUGH CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 42 on GAINSBOROUGH CLOSE.