7, LANCASTER DRIVE, WALLSEND, NE28 9TE - £239,950

7 LANCASTER DRIVE is a large detached house of 112m², built sometime between 1967 and 1975. It was last sold for £239,950 in June 2018, which was around 15% below the average June 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

7 LANCASTER DRIVE Sold Prices

Land registry data shows two sales for 7 LANCASTER DRIVE 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 7 LANCASTER DRIVE 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
2018 22 JUN	£239,950	£282,443	15% below HPI
2012 3 FEB	£187,000	£225,058	17% below HPI

7 LANCASTER DRIVE 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 7 LANCASTER DRIVE sales from February 2012 and June 2018 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 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 LANCASTER DRIVE?

7 LANCASTER DRIVE is 112m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% 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 LANCASTER DRIVE lies on this distribution: 60% of detached houses are smaller than 7 LANCASTER DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

7 LANCASTER DRIVE: Plot and Title Map

7 LANCASTER DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 7 LANCASTER DRIVE, 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 LANCASTER DRIVE). 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 LANCASTER DRIVE?

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