1, BACKWORTH LANE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0AD - £399,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BACKWORTH LANE is a very large extended detached house of 157m², built sometime between 2003 and 2006, which could now be worth an estimated £432,499. It was last sold for £399,950 in August 2022, which was around 16% above the average August 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was C.

1 BACKWORTH LANE Sold Prices

Land registry data shows three sales for 1 BACKWORTH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Two of the three 1 BACKWORTH LANE sales were for above the average price, whilst one was 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
2022 4 AUG	£399,950	£344,593	16% above HPI
2011 26 JUL	£225,000	£227,860	1% below HPI
2005 1 JUL	£225,000	£219,126	3% above HPI

1 BACKWORTH LANE 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 three 1 BACKWORTH LANE sales between July 2005 and August 2022 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 July 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 1 BACKWORTH LANE be worth now?

1 BACKWORTH LANE might now be worth an estimated £432,499.

This is based on house price inflation of 8.1%, between August 2022 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.1% inflationary increase is applied to the most recent sale price for 1 BACKWORTH LANE of £399,950 on 4th August 2022. For the value to have increased from £399,950 to £432,499 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1 BACKWORTH LANE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The August 2022 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 1 BACKWORTH LANE has not materially changed since August 2022.

How Large is 1 BACKWORTH LANE?

1 BACKWORTH LANE is 157m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of detached houses houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Backworth, and where 1 BACKWORTH LANE lies on this distribution: 82% of detached houses houses are smaller than 1 BACKWORTH LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Backworth.

1 BACKWORTH LANE: Plot and Title Map

1 BACKWORTH LANE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 1 BACKWORTH LANE, 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 1 BACKWORTH LANE). 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 1 BACKWORTH LANE?

1 BACKWORTH LANE is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 1 on BACKWORTH LANE.