40, Grousemoor Drive, NE63 8LU

40 Grousemoor Drive is a 90 m² detached home in Ashington. It sold for £220,500 in Jan 2024.

Property data
Sale history
Date Paid price Tenure Annual growth After inflation
Jan 2024 £220,500 * Freehold na na
Dec 2023 £210,000 * Freehold 5.1% 1.1%
Jun 2018 £160,000 Freehold -13.7% -15.1%
Dec 2017 £172,500 * Freehold 5.5% 3.3%
Jun 2000 £68,000 Leasehold na na

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
90 square metres (969 square feet) according to latest EPC inspection
Price per internal area

This property sold for £2,450 per square metre (£228 per square foot) in Jan 2024. Indexed forward to today's value, this is roughly £2,554 per square metre (£237 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Jan 2024 £220,500 £2,450 £229,900 £2,554
Dec 2023 £210,000 £2,333 £218,412 £2,427
Jun 2018 £160,000 £1,778 £203,511 £2,261
Dec 2017 £172,500 £1,917 £226,545 £2,517
Jun 2000 £68,000 £756 £227,207 £2,525

Calculated using the latest EPC internal area of 90 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £229,900. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Ashington are now selling for between £1,190 and £2,240 per square metre (£110 and £208 per square foot). Based on an internal area of 90 m², this implies a valuation between £107,000 and £202,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
3
Type
Detached
Council tax band
B
Plot size
224 square metres (2,411 square feet) - map showing freehold boundary lines
Company ownership
Title number
ND136921
Tenure
Freehold
Title address
40 Grousemoor Drive, Ashington
Owner
SIRE VENTURES 1 LIMITED (Company reference number: 15368423)
Proprietor address: Finchale House, Belmont Business Park, Durham DH1 1TW
Price paid on title: £220,500
Ownership record added to Land Registry's corporate ownership dataset 17 Jan 2024
Title number
ND217186
Tenure
Leasehold/other
Title address
40 Grousemoor Drive, Ashington
Owner
YMCA NORTH TYNESIDE (Company reference number: 02703063)
Proprietor address: YMCA, Church Way, North Shields NE29 0AB
Ownership record added to Land Registry's corporate ownership dataset 16 Jan 2024
Social housing indicators

This property has been flagged on the basis of:

  • Land Registry records the owner as YMCA North Tyneside (a Regulator of Social Housing registered provider).
EPC Inspections
Summary:
27 September 2017 - energy performance certificate grade C
Reason for EPC:
Marketed sale
Tenure:
Owner-occupied
Property type:
Detached House , has 5 habitable rooms. Estimated year built 1991 to 1995
Area:
90 sqm (969 square foot) total internal area
Comments:
Walls: Cavity wall, filled cavity. Roof: Pitched, 150 mm loft insulation. Heating: Boiler and radiators, mains gas.