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
2 EAST FARM MEWS is a very large detached house of 169m². It was last sold for £451,600 in November 2021, which was around 39% above the average November 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 2 EAST FARM MEWS since 1st 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 2 EAST FARM MEWS 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 5 NOV | £451,600 | £325,066 | 39% above HPI |
2012 2 MAR | £300,000 | £227,369 | 32% above HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 2 EAST FARM MEWS sales from March 2012 and November 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 March 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
2 EAST FARM MEWS is 169m² according to the EPC inspection conducted in March 2012. This puts it in the largest 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 2 EAST FARM MEWS lies on this distribution: 91% of detached houses are smaller than 2 EAST FARM MEWS, and 9% of houses are larger. Note that EPC data is not available for all properties in Backworth.
2 EAST FARM MEWS sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 EAST FARM MEWS, 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 2 EAST FARM MEWS). 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.
2 EAST FARM MEWS is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 2 on EAST FARM MEWS.