5, CAULDWELL CLOSE, WHITLEY BAY, NE25 8LP - £390,000

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.

5 CAULDWELL CLOSE is a very small extended semi-detached house of 100m², built sometime between 1900 and 1929, which could now be worth an estimated £413,526. It was last sold for £390,000 in September 2022, which was around 85% above the average September 2022 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

5 CAULDWELL CLOSE Sold Prices

Land registry data shows three sales for 5 CAULDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 5 CAULDWELL 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
2022 15 SEP	£390,000	£210,813	85% above HPI
2017 17 OCT	£240,000	£160,338	50% above HPI
1998 7 APR	£87,500	£47,727	83% above HPI

5 CAULDWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 5 CAULDWELL CLOSE sales between April 1998 and September 2022 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 2017 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2022 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 5 CAULDWELL CLOSE be worth now?

5 CAULDWELL CLOSE might now be worth an estimated £413,526.

This is based on house price inflation of 6%, between September 2022 and February 2025, for semi-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 6% inflationary increase is applied to the most recent sale price for 5 CAULDWELL CLOSE of £390,000 on 15th September 2022. For the value to have increased from £390,000 to £413,526 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 CAULDWELL CLOSE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The September 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CAULDWELL CLOSE has not materially changed since September 2022.

How Large is 5 CAULDWELL CLOSE?

5 CAULDWELL CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of semi-detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whitley Bay, and where 5 CAULDWELL CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 5 CAULDWELL CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

5 CAULDWELL CLOSE: Plot and Title Map

5 CAULDWELL CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 5 CAULDWELL 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 5 CAULDWELL 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 5 CAULDWELL CLOSE?

5 CAULDWELL CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 5 on CAULDWELL CLOSE.