14, FAIRNEY EDGE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9EF - £355,000

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

14 FAIRNEY EDGE is a small extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £355,000 in September 2021, which was around 22% above the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

14 FAIRNEY EDGE Sold Prices

Land registry data shows three sales for 14 FAIRNEY EDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 14 FAIRNEY EDGE 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 3 SEP	£355,000	£290,345	22% above HPI
2000 18 APR	£148,000	£99,272	49% above HPI
1997 29 AUG	£127,500	£88,954	43% above HPI

14 FAIRNEY EDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 14 FAIRNEY EDGE sales between August 1997 and September 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 April 2000 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2021 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 14 FAIRNEY EDGE?

14 FAIRNEY EDGE is 137m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 14 FAIRNEY EDGE lies on this distribution: 29% of detached houses are smaller than 14 FAIRNEY EDGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

14 FAIRNEY EDGE: Plot and Title Map

14 FAIRNEY EDGE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 14 FAIRNEY EDGE, 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 14 FAIRNEY EDGE). 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 14 FAIRNEY EDGE?

14 FAIRNEY EDGE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 14 on FAIRNEY EDGE.