THE OLD COTTAGE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0AL - £399,950

THE OLD COTTAGE is a very large detached house of 181m², built sometime before 1900. It was last sold for £399,950 in August 2019, which was around 39% above the average August 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

THE OLD COTTAGE Sold Prices

Land registry data shows four sales for THE OLD COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Most of the four THE OLD COTTAGE 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
2019 19 AUG	£399,950	£288,688	39% above HPI
2012 1 OCT	£295,000	£230,330	28% above HPI
2000 4 AUG	£199,000	£98,298	102% above HPI
1998 15 MAY	£55,000	£87,065	37% below HPI

THE OLD COTTAGE 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 four THE OLD COTTAGE sales between May 1998 and August 2019 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 October 2012 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is THE OLD COTTAGE?

THE OLD COTTAGE is 181m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where THE OLD COTTAGE lies on this distribution: 98% of detached houses are smaller than THE OLD COTTAGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Backworth.

THE OLD COTTAGE: Plot and Title Map

THE OLD COTTAGE sits on a plot of roughly 0.173 of an acre, or 698m². The below map shows the location of THE OLD COTTAGE, 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 OLD COTTAGE). 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 OLD COTTAGE?

THE OLD COTTAGE is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of THE OLD COTTAGE in BACKWORTH.