161, WESTERN WAY, PONTELAND, NEWCASTLE UPON TYNE, NE20 9NB - £550,000

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

161 WESTERN WAY is a very large extended detached house of 289m², built sometime between 1950 and 1966. It was last sold for £550,000 in October 2015, which was around 120% above the average October 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

161 WESTERN WAY Sold Prices

Land registry data shows four sales for 161 WESTERN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 161 WESTERN WAY 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
2015 13 OCT	£550,000	£250,162	120% above HPI
2012 14 SEP	£500,000	£231,549	116% above HPI
2000 15 NOV	£300,000	£102,048	194% above HPI
1997 10 SEP	£148,000	£88,803	67% above HPI

161 WESTERN WAY 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 four 161 WESTERN WAY sales between September 1997 and October 2015 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 September 2012 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the October 2015 sale, where it rises to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is 161 WESTERN WAY?

161 WESTERN WAY is 289m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 161 WESTERN WAY lies on this distribution: 83% of detached houses are smaller than 161 WESTERN WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

161 WESTERN WAY: Plot and Title Map

161 WESTERN WAY sits on a plot of roughly 0.252 of an acre, or 1,019m². The below map shows the location of 161 WESTERN 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 161 WESTERN 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 161 WESTERN WAY?

161 WESTERN WAY is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 161 on WESTERN WAY.