8, GRANVILLE DRIVE, FOREST HALL, NEWCASTLE UPON TYNE, NE12 9LA - £315,000

8 GRANVILLE DRIVE is a small extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £315,000 in September 2023, which was around 21% below the average September 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

8 GRANVILLE DRIVE Sold Prices

Land registry data shows three sales for 8 GRANVILLE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 8 GRANVILLE 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
2023 13 SEP	£315,000	£400,824	21% below HPI
2006 24 FEB	£222,000	£230,187	4% below HPI
1997 18 JUL	£80,000	£83,457	4% below HPI

8 GRANVILLE 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 three 8 GRANVILLE DRIVE sales between July 1997 and September 2023 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 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 GRANVILLE DRIVE?

8 GRANVILLE DRIVE is 107m², which includes three extensions, according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 8 GRANVILLE DRIVE lies on this distribution: 29% of detached houses are smaller than 8 GRANVILLE DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

8 GRANVILLE DRIVE: Plot and Title Map

8 GRANVILLE DRIVE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 8 GRANVILLE 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 8 GRANVILLE 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 8 GRANVILLE DRIVE?

8 GRANVILLE DRIVE is located in FOREST HALL, in the NE12 postcode district. The below map shows the position of No. 8 on GRANVILLE DRIVE.