2, GOODWOOD, NEWCASTLE UPON TYNE, NE12 6LR - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GOODWOOD is a very small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £239,684. It was last sold for £185,000 in November 2019, which was around 36% below the average November 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

2 GOODWOOD Sold Prices

Land registry data shows three sales for 2 GOODWOOD 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 2 GOODWOOD 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
2019 29 NOV	£185,000	£287,620	36% below HPI
2000 11 AUG	£59,999	£96,649	38% below HPI
1996 6 DEC	£54,000	£75,849	29% below HPI

2 GOODWOOD 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 2 GOODWOOD sales between December 1996 and November 2019 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 August 2000 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 GOODWOOD be worth now?

2 GOODWOOD might now be worth an estimated £239,684.

This is based on house price inflation of 29.6%, between November 2019 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.6% inflationary increase is applied to the most recent sale price for 2 GOODWOOD of £185,000 on 29th November 2019. For the value to have increased from £185,000 to £239,684 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 GOODWOOD has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The November 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GOODWOOD has not materially changed since November 2019.

How Large is 2 GOODWOOD?

2 GOODWOOD is 79m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Killingworth, and where 2 GOODWOOD lies on this distribution: 19% of detached houses houses are smaller than 2 GOODWOOD, and 79% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

2 GOODWOOD: Plot and Title Map

2 GOODWOOD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2 GOODWOOD, 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 GOODWOOD). 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 2 GOODWOOD?

2 GOODWOOD is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 2 on GOODWOOD.