9, PARK DRIVE, FOREST HALL, NEWCASTLE UPON TYNE, NE12 9JP - £197,950

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.

9 PARK DRIVE is a very small detached house of 93m², built sometime between 1900 and 1929, which could now be worth an estimated £292,902. It was last sold for £197,950 in November 2014, which was around 20% below the average November 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

9 PARK DRIVE Sold Prices

Land registry data shows two sales for 9 PARK 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 9 PARK 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
2014 14 NOV	£197,950	£247,290	20% below HPI
1997 24 JUL	£74,000	£82,057	10% below HPI

9 PARK 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 9 PARK DRIVE sales from July 1997 and November 2014 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 July 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 PARK DRIVE be worth now?

9 PARK DRIVE might now be worth an estimated £292,902.

This is based on house price inflation of 48%, between November 2014 and March 2025, for 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 48% inflationary increase is applied to the most recent sale price for 9 PARK DRIVE of £197,950 on 14th November 2014. For the value to have increased from £197,950 to £292,902 over the eleven years and eight months to March 2025, the following assumptions must hold true:

• The value of 9 PARK DRIVE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The November 2014 sale price of £197,950 represented a fair market value for the property.
• The size, condition, and specification of 9 PARK DRIVE has not materially changed since November 2014.

How Large is 9 PARK DRIVE?

9 PARK DRIVE is 93m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longbenton, and where 9 PARK DRIVE lies on this distribution: 18% of detached houses houses are smaller than 9 PARK DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

9 PARK DRIVE: Plot and Title Map

9 PARK DRIVE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 9 PARK 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 9 PARK 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 9 PARK DRIVE?

9 PARK DRIVE is located in FOREST HALL, in the NE12 postcode district. The below map shows the position of No. 9 on PARK DRIVE.