6, EDGE WAY, WALLSEND, NE28 9FH - £224,000

6 EDGE WAY is a small detached house of 90m². It was last sold for £224,000 in January 2021, which was around 29% below the average January 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

6 EDGE WAY Sold Prices

Land registry data shows two sales for 6 EDGE WAY 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 6 EDGE WAY 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 12 JAN	£224,000	£313,484	29% below HPI
2018 21 DEC	£226,950	£290,496	22% below HPI

6 EDGE WAY 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 6 EDGE WAY sales from December 2018 and January 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 December 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 6 EDGE WAY?

6 EDGE WAY is 90m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 6 EDGE WAY lies on this distribution: 30% of detached houses are smaller than 6 EDGE WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

6 EDGE WAY: Plot and Title Map

6 EDGE WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 6 EDGE WAY, 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 6 EDGE WAY). 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 6 EDGE WAY?

6 EDGE WAY is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 6 on EDGE WAY.