18, PALMERS GREEN, NEWCASTLE UPON TYNE, NE12 9HF - £340,000

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

18 PALMERS GREEN is a very large extended detached house of 186m², built sometime between 1983 and 1990. It was last sold for £340,000 in March 2021, which was around 10% above the average March 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

18 PALMERS GREEN Sold Prices

Land registry data shows four sales for 18 PALMERS GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 18 PALMERS GREEN 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 MAR	£340,000	£309,136	10% above HPI
2007 23 MAY	£280,000	£238,712	17% above HPI
1999 17 DEC	£110,000	£92,836	18% above HPI
1997 2 SEP	£94,500	£84,896	11% above HPI

18 PALMERS GREEN 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 four 18 PALMERS GREEN sales between September 1997 and March 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 May 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 18 PALMERS GREEN?

18 PALMERS GREEN is 186m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 18 PALMERS GREEN lies on this distribution: 94% of detached houses are smaller than 18 PALMERS GREEN, and 6% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

18 PALMERS GREEN: Plot and Title Map

18 PALMERS GREEN sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 18 PALMERS GREEN, 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 PALMERS GREEN). 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 PALMERS GREEN?

18 PALMERS GREEN is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 18 on PALMERS GREEN.