128, MEADOW VALE, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0BF - £278,000

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.

128 MEADOW VALE is a small detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £386,293. It was last sold for £278,000 in June 2017, which was around 4% above the average June 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

128 MEADOW VALE Sold Prices

Land registry data shows three sales for 128 MEADOW VALE 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. All of the three 128 MEADOW VALE 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
2017 9 JUN	£278,000	£268,172	4% above HPI
2008 20 MAR	£260,000	£245,383	6% above HPI
2003 12 DEC	£239,000	£176,726	35% above HPI

128 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 three 128 MEADOW VALE sales between December 2003 and June 2017 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 2008 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2017 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 128 MEADOW VALE be worth now?

128 MEADOW VALE might now be worth an estimated £386,293.

This is based on house price inflation of 39%, between June 2017 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 39% inflationary increase is applied to the most recent sale price for 128 MEADOW VALE of £278,000 on 9th June 2017. For the value to have increased from £278,000 to £386,293 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 128 MEADOW VALE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2017 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 128 MEADOW VALE has not materially changed since June 2017.

How Large is 128 MEADOW VALE?

128 MEADOW VALE is 122m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% 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 128 MEADOW VALE lies on this distribution: 36% of detached houses houses are smaller than 128 MEADOW VALE, and 62% of houses are larger. Note that EPC data is not available for all properties in Backworth.

128 MEADOW VALE: Plot and Title Map

128 MEADOW VALE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 128 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 128 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 128 MEADOW VALE?

128 MEADOW VALE is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 128 on MEADOW VALE.