15, STRETTON WAY, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0JR - £120,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 STRETTON WAY is a very small semi-detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £165,347. It was last sold for £120,000 in January 2018, which was around 26% below the average January 2018 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

15 STRETTON WAY Sold Prices

Land registry data shows three sales for 15 STRETTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 15 STRETTON WAY sales were for below 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
2018 5 JAN	£120,000	£162,226	26% below HPI
2015 9 APR	£99,950	£148,419	33% below HPI
2005 9 NOV	£82,500	£134,684	39% below HPI

15 STRETTON WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 15 STRETTON WAY sales between November 2005 and January 2018 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 STRETTON WAY be worth now?

15 STRETTON WAY might now be worth an estimated £165,347.

This is based on house price inflation of 37.8%, between January 2018 and February 2025, for semi-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 37.8% inflationary increase is applied to the most recent sale price for 15 STRETTON WAY of £120,000 on 5th January 2018. For the value to have increased from £120,000 to £165,347 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 STRETTON WAY has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The January 2018 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 15 STRETTON WAY has not materially changed since January 2018.

How Large is 15 STRETTON WAY?

15 STRETTON WAY is 90m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of semi-detached houses houses in Backworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Backworth, and where 15 STRETTON WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 15 STRETTON WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Backworth.

15 STRETTON WAY: Plot and Title Map

15 STRETTON WAY sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 15 STRETTON WAY, 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 15 STRETTON WAY). 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 15 STRETTON WAY?

15 STRETTON WAY is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 15 on STRETTON WAY.