16, FULMAR DRIVE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0GU - £330,000

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.

16 FULMAR DRIVE is a midsized detached house of 131m², which could now be worth an estimated £407,909. It was last sold for £330,000 in February 2021, which was around 9% above the average February 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

16 FULMAR DRIVE Sold Prices

Land registry data shows two sales for 16 FULMAR DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 16 FULMAR DRIVE 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 15 FEB	£330,000	£301,465	9% above HPI
2018 2 JUL	£314,950	£276,630	14% above HPI

16 FULMAR DRIVE 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 two 16 FULMAR DRIVE sales from July 2018 and February 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 July 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 16 FULMAR DRIVE be worth now?

16 FULMAR DRIVE might now be worth an estimated £407,909.

This is based on house price inflation of 23.6%, between February 2021 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 23.6% inflationary increase is applied to the most recent sale price for 16 FULMAR DRIVE of £330,000 on 15th February 2021. For the value to have increased from £330,000 to £407,909 over the four years to February 2025, the following assumptions must hold true:

• The value of 16 FULMAR DRIVE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The February 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FULMAR DRIVE has not materially changed since February 2021.

How Large is 16 FULMAR DRIVE?

16 FULMAR DRIVE is 131m² according to the EPC inspection conducted in June 2018. This puts it in the largest 50% 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 16 FULMAR DRIVE lies on this distribution: 53% of detached houses houses are smaller than 16 FULMAR DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Backworth.

16 FULMAR DRIVE: Plot and Title Map

16 FULMAR DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 16 FULMAR DRIVE, 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 FULMAR DRIVE). 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 FULMAR DRIVE?

16 FULMAR DRIVE is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 16 on FULMAR DRIVE.