78, WOODLEA, FOREST HALL, NEWCASTLE UPON TYNE, NE12 9BG - £158,500

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.

78 WOODLEA is a very small semi-detached house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £220,195. It was last sold for £158,500 in October 2016, which was about the average October 2016 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

78 WOODLEA Sold Prices

Land registry data shows five sales for 78 WOODLEA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. The five 78 WOODLEA sales were a mix of roughly equal to the average price, and 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
2016 21 OCT	£158,500	£158,763	Close to HPI
2006 4 AUG	£150,000	£140,447	7% above HPI
2004 9 JAN	£133,000	£104,519	27% above HPI
2002 8 APR	£77,000	£64,154	20% above HPI
1999 10 DEC	£68,500	£50,921	35% above HPI

78 WOODLEA 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 five 78 WOODLEA sales between December 1999 and October 2016 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 August 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 78 WOODLEA be worth now?

78 WOODLEA might now be worth an estimated £220,195.

This is based on house price inflation of 38.9%, between October 2016 and March 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 38.9% inflationary increase is applied to the most recent sale price for 78 WOODLEA of £158,500 on 21st October 2016. For the value to have increased from £158,500 to £220,195 over the nine years and seven months to March 2025, the following assumptions must hold true:

• The value of 78 WOODLEA has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The October 2016 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 78 WOODLEA has not materially changed since October 2016.

How Large is 78 WOODLEA?

78 WOODLEA is 63m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of semi-detached houses houses in Longbenton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Longbenton, and where 78 WOODLEA lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 78 WOODLEA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

78 WOODLEA: Plot and Title Map

78 WOODLEA sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 78 WOODLEA, 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 78 WOODLEA). 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 78 WOODLEA?

78 WOODLEA is located in FOREST HALL, in the NE12 postcode district. The below map shows the position of No. 78 on WOODLEA.