118, MEADOW VALE, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0BF - £215,000

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

118 MEADOW VALE is a very small extended detached house of 111m², built sometime between 2003 and 2006. It was last sold for £215,000 in May 2013, which was around 6% below the average May 2013 detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.

118 MEADOW VALE Sold Prices

Land registry data shows two sales for 118 MEADOW VALE 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. One of the two 118 MEADOW VALE sales was for below 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
2013 24 MAY	£215,000	£229,292	6% below HPI
2004 19 MAR	£196,500	£193,774	1% above HPI

118 MEADOW VALE 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 118 MEADOW VALE sales from March 2004 and May 2013 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 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 118 MEADOW VALE?

118 MEADOW VALE is 111m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 118 MEADOW VALE lies on this distribution: 19% of detached houses are smaller than 118 MEADOW VALE, and 81% of houses are larger. Note that EPC data is not available for all properties in Backworth.

118 MEADOW VALE: Plot and Title Map

118 MEADOW VALE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 118 MEADOW VALE, 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 118 MEADOW VALE). 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 118 MEADOW VALE?

118 MEADOW VALE is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 118 on MEADOW VALE.