8, MEDWAY GARDENS, NORTH SHIELDS, NE30 2ST - £317,500

8 MEDWAY GARDENS is a very large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £317,500 in May 2013, which was around 38% above the average May 2013 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

8 MEDWAY GARDENS Sold Prices

Land registry data shows two sales for 8 MEDWAY GARDENS 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 8 MEDWAY GARDENS sales were for 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
2013 22 MAY	£317,500	£229,292	38% above HPI
2004 24 SEP	£275,000	£220,032	25% above HPI

8 MEDWAY GARDENS 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 8 MEDWAY GARDENS sales from September 2004 and May 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 September 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2013 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 8 MEDWAY GARDENS?

8 MEDWAY GARDENS is 151m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 20% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 8 MEDWAY GARDENS lies on this distribution: 83% of detached houses are smaller than 8 MEDWAY GARDENS, and 16% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

8 MEDWAY GARDENS: Plot and Title Map

8 MEDWAY GARDENS sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 8 MEDWAY GARDENS, 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 MEDWAY GARDENS). 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 MEDWAY GARDENS?

8 MEDWAY GARDENS is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 8 on MEDWAY GARDENS.