24, PENNYFINE ROAD, SUNNISIDE, NEWCASTLE UPON TYNE, NE16 5EP - £166,000

24 PENNYFINE ROAD is a very small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £166,000 in February 2016, which was around 24% below the average February 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

24 PENNYFINE ROAD Sold Prices

Land registry data shows two sales for 24 PENNYFINE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 24 PENNYFINE ROAD 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
2016 12 FEB	£166,000	£218,993	24% below HPI
1999 31 MAR	£59,950	£80,640	26% below HPI

24 PENNYFINE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 24 PENNYFINE ROAD sales from March 1999 and February 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 March 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 24 PENNYFINE ROAD?

24 PENNYFINE ROAD is 99m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Street Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Street Gate, and where 24 PENNYFINE ROAD lies on this distribution: 15% of detached houses are smaller than 24 PENNYFINE ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Street Gate.

24 PENNYFINE ROAD: Plot and Title Map

24 PENNYFINE ROAD sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 24 PENNYFINE ROAD, 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 24 PENNYFINE ROAD). 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 24 PENNYFINE ROAD?

24 PENNYFINE ROAD is located in SUNNISIDE, in the NE16 postcode district. The below map shows the position of No. 24 on PENNYFINE ROAD.