THE CHESTNUTS, EAST AVENUE, NEWCASTLE UPON TYNE, NE12 9PH - £312,500

THE CHESTNUTS is a large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £312,500 in March 2016, which was around 20% above the average March 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

THE CHESTNUTS Sold Prices

Land registry data shows two sales for THE CHESTNUTS 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 THE CHESTNUTS 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
2016 8 MAR	£312,500	£261,429	20% above HPI
2007 1 AUG	£285,000	£254,817	12% above HPI

THE CHESTNUTS 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 THE CHESTNUTS sales from August 2007 and March 2016 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 August 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 128m² according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where THE CHESTNUTS lies on this distribution: 66% of detached houses are smaller than THE CHESTNUTS, and 33% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on EAST AVENUE in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of THE CHESTNUTS on EAST AVENUE.