78, MELNESS ROAD, HAZLERIGG, NEWCASTLE UPON TYNE, NE13 7BL - £180,000

78 MELNESS ROAD is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £180,000 in September 2021, which was around 43% below the average September 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

78 MELNESS ROAD Sold Prices

Land registry data shows two sales for 78 MELNESS 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 North Tyneside local authority area for the corresponding sale date. Both of the two 78 MELNESS 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
2021 17 SEP	£180,000	£313,404	43% below HPI
2020 13 MAR	£139,000	£288,246	52% below HPI

78 MELNESS ROAD 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 78 MELNESS ROAD sales from March 2020 and September 2021 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 2020 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 78 MELNESS ROAD?

78 MELNESS ROAD is 59m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses in Hazlerigg, based on EPC data. The below chart shows the distribution of detached houses by size in Hazlerigg, and where 78 MELNESS ROAD lies on this distribution: 2% of detached houses are smaller than 78 MELNESS ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Hazlerigg.

78 MELNESS ROAD: Plot and Title Map

78 MELNESS ROAD sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 78 MELNESS 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 78 MELNESS 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 78 MELNESS ROAD?

78 MELNESS ROAD is located in HAZLERIGG, in the NE13 postcode district. The below map shows the position of No. 78 on MELNESS ROAD.