1, FARNDALE CLOSE, DINNINGTON, NEWCASTLE UPON TYNE, NE13 7LN - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FARNDALE CLOSE is a very large extended detached house of 136m², built sometime between 1976 and 1982. It was last sold for £250,000 in November 2011, which was about the average November 2011 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

1 FARNDALE CLOSE Sold Prices

Land registry data shows two sales for 1 FARNDALE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. One of the two 1 FARNDALE CLOSE sales was roughly equal to the average price, whilst the other was 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
2011 25 NOV	£250,000	£251,144	Close to HPI
2007 22 AUG	£310,000	£287,391	8% above HPI

1 FARNDALE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two 1 FARNDALE CLOSE sales from August 2007 and November 2011 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 August 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2011 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 FARNDALE CLOSE?

1 FARNDALE CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 10% of detached houses in Dinnington, based on EPC data. The below chart shows the distribution of detached houses by size in Dinnington, and where 1 FARNDALE CLOSE lies on this distribution: 91% of detached houses are smaller than 1 FARNDALE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Dinnington.

1 FARNDALE CLOSE: Plot and Title Map

1 FARNDALE CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 1 FARNDALE CLOSE, 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 FARNDALE CLOSE). 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 FARNDALE CLOSE?

1 FARNDALE CLOSE is located in DINNINGTON, in the NE13 postcode district. The below map shows the position of No. 1 on FARNDALE CLOSE.