131, MEADOW VALE, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0BD - £332,500

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

131 MEADOW VALE is a midsized extended detached house of 126m², built sometime between 2003 and 2006. It was last sold for £332,500 in August 2021, which was around 6% above the average August 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

131 MEADOW VALE Sold Prices

Land registry data shows four sales for 131 MEADOW VALE 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. All of the four 131 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
2021 6 AUG	£332,500	£312,742	6% above HPI
2012 29 JUN	£250,000	£225,770	11% above HPI
2004 23 JUL	£270,000	£215,490	25% above HPI
2004 13 APR	£232,000	£194,618	19% above HPI

131 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 four 131 MEADOW VALE sales between April 2004 and August 2021 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 June 2012 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 131 MEADOW VALE?

131 MEADOW VALE is 126m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 131 MEADOW VALE lies on this distribution: 44% of detached houses are smaller than 131 MEADOW VALE, and 56% of houses are larger. Note that EPC data is not available for all properties in Backworth.

131 MEADOW VALE: Plot and Title Map

131 MEADOW VALE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 131 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 131 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 131 MEADOW VALE?

131 MEADOW VALE is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 131 on MEADOW VALE.