18, GRESFORD CLOSE, HEBBURN, NE31 2BL - £312,995

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.

18 GRESFORD CLOSE is a large detached house of 121m², built in 2018, which could now be worth an estimated £380,744. It was last sold for £312,995 in November 2019, which was around 24% above the average November 2019 detached price in the South Tyneside local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

18 GRESFORD CLOSE Sold Prices

Land registry data shows one sale for 18 GRESFORD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 29 NOV	£312,995	£252,762	24% above HPI

What might 18 GRESFORD CLOSE be worth now?

18 GRESFORD CLOSE might now be worth an estimated £380,744.

This is based on house price inflation of 21.6%, between November 2019 and April 2026, for 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 21.6% inflationary increase is applied to the most recent sale price for 18 GRESFORD CLOSE of £312,995 on 29th November 2019. For the value to have increased from £312,995 to £380,744 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of 18 GRESFORD CLOSE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The November 2019 sale price of £312,995 represented a fair market value for the property.
• The size, condition, and specification of 18 GRESFORD CLOSE has not materially changed since November 2019.

How Large is 18 GRESFORD CLOSE?

18 GRESFORD CLOSE is 121m² according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 18 GRESFORD CLOSE lies on this distribution: 74% of detached houses are smaller than 18 GRESFORD CLOSE, and 25% of detached houses are larger. Note that EPC data is not available for all properties in Hebburn.

18 GRESFORD CLOSE: Plot

18 GRESFORD CLOSE sits on a plot of roughly 0.074 of an acre, or 298m².

Where is 18 GRESFORD CLOSE?

18 GRESFORD CLOSE is located in HEBBURN, in the NE31 postcode district.