5, WALLINGTON CLOSE, NORTH SHIELDS, NE30 3AP - £183,000

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 WALLINGTON CLOSE is a very small detached house of 56m², built in 2018, which could now be worth an estimated £232,882. It was last sold for £183,000 in July 2020, which was around 37% below the average July 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

5 WALLINGTON CLOSE Sold Prices

Land registry data shows two sales for 5 WALLINGTON 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 5 WALLINGTON 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
2020 28 JUL	£183,000	£290,854	37% below HPI
2018 26 FEB	£200,000	£279,183	28% below HPI

5 WALLINGTON 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 5 WALLINGTON CLOSE sales from February 2018 and July 2020 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 February 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 5 WALLINGTON CLOSE be worth now?

5 WALLINGTON CLOSE might now be worth an estimated £232,882.

This is based on house price inflation of 27.3%, between July 2020 and April 2026, for 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 27.3% inflationary increase is applied to the most recent sale price for 5 WALLINGTON CLOSE of £183,000 on 28th July 2020. For the value to have increased from £183,000 to £232,882 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 5 WALLINGTON CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2020 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WALLINGTON CLOSE has not materially changed since July 2020.

How Large is 5 WALLINGTON CLOSE?

5 WALLINGTON CLOSE is 56m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where 5 WALLINGTON CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 WALLINGTON CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

5 WALLINGTON CLOSE: Plot and Title Map

5 WALLINGTON CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 5 WALLINGTON 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 WALLINGTON 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 WALLINGTON CLOSE?

5 WALLINGTON CLOSE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 5 on WALLINGTON CLOSE.