16, SHARNFORD CLOSE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0JY - £222,500

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

16 SHARNFORD CLOSE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £222,500 in September 2022, which was around 37% below the average September 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

16 SHARNFORD CLOSE Sold Prices

Land registry data shows three sales for 16 SHARNFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 16 SHARNFORD CLOSE 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
2022 9 SEP	£222,500	£352,292	37% below HPI
1995 10 NOV	£51,950	£77,828	33% below HPI
1995 7 JUL	£60,000	£77,087	22% below HPI

16 SHARNFORD CLOSE 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 three 16 SHARNFORD CLOSE sales between July 1995 and September 2022 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 November 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 SHARNFORD CLOSE?

16 SHARNFORD CLOSE is 79m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 16 SHARNFORD CLOSE lies on this distribution: 1% of detached houses are smaller than 16 SHARNFORD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Backworth.

16 SHARNFORD CLOSE: Plot and Title Map

16 SHARNFORD CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 16 SHARNFORD CLOSE, 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 SHARNFORD CLOSE). 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 SHARNFORD CLOSE?

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