7, HOUSESTEADS CLOSE, WALLSEND, NE28 0BQ - £155,000

7 HOUSESTEADS CLOSE is a small detached house of 90m², built sometime from 2007 onwards. It was last sold for £155,000 in October 2013, which was around 35% below the average October 2013 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

7 HOUSESTEADS CLOSE Sold Prices

Land registry data shows four sales for 7 HOUSESTEADS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 7 HOUSESTEADS 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
2013 22 OCT	£155,000	£238,407	35% below HPI
2011 7 APR	£155,000	£223,025	31% below HPI
2011 11 MAR	£155,000	£219,156	29% below HPI
2007 5 DEC	£177,000	£252,608	30% below HPI

7 HOUSESTEADS 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 four 7 HOUSESTEADS CLOSE sales between December 2007 and October 2013 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 April 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 HOUSESTEADS CLOSE?

7 HOUSESTEADS CLOSE is 90m² according to the EPC inspection conducted in September 2010. 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 7 HOUSESTEADS CLOSE lies on this distribution: 29% of detached houses are smaller than 7 HOUSESTEADS CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

7 HOUSESTEADS CLOSE: Plot and Title Map

7 HOUSESTEADS CLOSE sits on a plot of roughly 0.482 of an acre, or 1,951m². The below map shows the location of 7 HOUSESTEADS 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 7 HOUSESTEADS 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 7 HOUSESTEADS CLOSE?

7 HOUSESTEADS CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 7 on HOUSESTEADS CLOSE.