8, STANEGATE, HEBBURN, NE31 2GH - £190,000

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.

8 STANEGATE is a very small semi-detached house of 79m², built in 2013, which could now be worth an estimated £225,333. It was last sold for £190,000 in September 2021, which was around 21% above the average September 2021 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

8 STANEGATE Sold Prices

Land registry data shows two sales for 8 STANEGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 8 STANEGATE 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
2021 30 SEP	£190,000	£156,573	21% above HPI
2015 22 MAY	£165,995	£124,683	33% above HPI

8 STANEGATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 8 STANEGATE sales from May 2015 and September 2021 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 May 2015 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 8 STANEGATE be worth now?

8 STANEGATE might now be worth an estimated £225,333.

This is based on house price inflation of 18.6%, between September 2021 and April 2026, for semi-detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 8 STANEGATE of £190,000 on 30th September 2021. For the value to have increased from £190,000 to £225,333 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 8 STANEGATE has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The September 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STANEGATE has not materially changed since September 2021.

How Large is 8 STANEGATE?

8 STANEGATE is 79m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hebburn, and where 8 STANEGATE lies on this distribution: 7% of semi-detached houses houses are smaller than 8 STANEGATE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

8 STANEGATE: Plot and Title Map

8 STANEGATE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 8 STANEGATE, 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 STANEGATE). 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 STANEGATE?

8 STANEGATE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 8 on STANEGATE.