SPITAL DENE HOUSE, KING EDWARD ROAD, NORTH SHIELDS, NE30 2SN - £1,150,000

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.

SPITAL DENE HOUSE is a very large extended detached house of 298m², built sometime before 1900, which could now be worth an estimated £1,199,685. It was last sold for £1,150,000 in October 2022, which was around 229% above the average October 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

SPITAL DENE HOUSE Sold Prices

Land registry data shows two sales for SPITAL DENE HOUSE 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 SPITAL DENE HOUSE 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
2022 28 OCT	£1,150,000	£349,874	229% above HPI
2006 21 DEC	£390,000	£235,777	65% above HPI

SPITAL DENE HOUSE 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 SPITAL DENE HOUSE sales from December 2006 and October 2022 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 December 2006 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2022 sale, where it rises to 229% above the HPI. The line then continues to track at 229% above the HPI.

What might SPITAL DENE HOUSE be worth now?

SPITAL DENE HOUSE might now be worth an estimated £1,199,685.

This is based on house price inflation of 4.3%, between October 2022 and June 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 4.3% inflationary increase is applied to the most recent sale price for SPITAL DENE HOUSE of £1,150,000 on 28th October 2022. For the value to have increased from £1,150,000 to £1,199,685 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of SPITAL DENE HOUSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2022 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of SPITAL DENE HOUSE has not materially changed since October 2022.

How Large is SPITAL DENE HOUSE?

SPITAL DENE HOUSE is 298m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 10% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where SPITAL DENE HOUSE lies on this distribution: 99% of detached houses houses are smaller than SPITAL DENE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

SPITAL DENE HOUSE: Plot and Title Map

SPITAL DENE HOUSE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of SPITAL DENE HOUSE, 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 SPITAL DENE HOUSE). 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 SPITAL DENE HOUSE?

SPITAL DENE HOUSE is located on KING EDWARD ROAD in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of SPITAL DENE HOUSE on KING EDWARD ROAD.