18, MULBERRY GROVE, HOBSON, NEWCASTLE UPON TYNE, NE16 6ET - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 MULBERRY GROVE is a very large extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £220,000 in May 2017, which was around 37% above the average May 2017 detached price in the County Durham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

18 MULBERRY GROVE Sold Prices

Land registry data shows four sales for 18 MULBERRY GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 18 MULBERRY GROVE 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
2017 26 MAY	£220,000	£160,536	37% above HPI
2007 4 MAY	£239,950	£183,519	31% above HPI
2004 29 OCT	£205,000	£157,634	30% above HPI
2001 16 FEB	£112,000	£79,728	40% above HPI

18 MULBERRY GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 18 MULBERRY GROVE sales between February 2001 and May 2017 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 May 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2017 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 18 MULBERRY GROVE?

18 MULBERRY GROVE is 128m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 20% of detached houses in Hobson, based on EPC data. The below chart shows the distribution of detached houses by size in Hobson, and where 18 MULBERRY GROVE lies on this distribution: 81% of detached houses are smaller than 18 MULBERRY GROVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Hobson.

18 MULBERRY GROVE: Plot and Title Map

18 MULBERRY GROVE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 18 MULBERRY GROVE, 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 18 MULBERRY GROVE). 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 18 MULBERRY GROVE?

18 MULBERRY GROVE is located in HOBSON, in the NE16 postcode district. The below map shows the position of No. 18 on MULBERRY GROVE.