16, FAIRWAY, BLAYDON-ON-TYNE, NE21 4LL - £244,500

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.

16 FAIRWAY is a large detached house of 145m², built sometime between 1991 and 1995, which could now be worth an estimated £292,708. It was last sold for £244,500 in June 2019, which was around 3% above the average June 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

16 FAIRWAY Sold Prices

Land registry data shows two sales for 16 FAIRWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 16 FAIRWAY 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
2019 24 JUN	£244,500	£236,889	3% above HPI
2016 29 MAR	£240,000	£214,155	12% above HPI

16 FAIRWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 16 FAIRWAY sales from March 2016 and June 2019 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 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 16 FAIRWAY be worth now?

16 FAIRWAY might now be worth an estimated £292,708.

This is based on house price inflation of 19.7%, between June 2019 and March 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.7% inflationary increase is applied to the most recent sale price for 16 FAIRWAY of £244,500 on 24th June 2019. For the value to have increased from £244,500 to £292,708 over the six years and three months to March 2025, the following assumptions must hold true:

• The value of 16 FAIRWAY has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2019 sale price of £244,500 represented a fair market value for the property.
• The size, condition, and specification of 16 FAIRWAY has not materially changed since June 2019.

How Large is 16 FAIRWAY?

16 FAIRWAY is 145m² according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryton, and where 16 FAIRWAY lies on this distribution: 78% of detached houses houses are smaller than 16 FAIRWAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Ryton.

16 FAIRWAY: Plot and Title Map

16 FAIRWAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 16 FAIRWAY, 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 16 FAIRWAY). 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 16 FAIRWAY?

16 FAIRWAY is located in BLAYDON-ON-TYNE, in the NE21 postcode district. The below map shows the position of No. 16 on FAIRWAY.