2, MEADOW HILL, NEWCASTLE UPON TYNE, NE15 9BZ - £337,000

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 MEADOW HILL is a large detached house of 129m², built in 2017, which could now be worth an estimated £394,778. It was last sold for £337,000 in August 2022, which was around 3% below the average August 2022 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

2 MEADOW HILL Sold Prices

Land registry data shows two sales for 2 MEADOW HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. Both of the two 2 MEADOW HILL 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
2022 31 AUG	£337,000	£346,561	3% below HPI
2021 30 JUN	£305,950	£318,697	4% below HPI

2 MEADOW HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two 2 MEADOW HILL sales from June 2021 and August 2022 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 June 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 MEADOW HILL be worth now?

2 MEADOW HILL might now be worth an estimated £394,778.

This is based on house price inflation of 17.1%, between August 2022 and February 2025, for detached houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.1% inflationary increase is applied to the most recent sale price for 2 MEADOW HILL of £337,000 on 31st August 2022. For the value to have increased from £337,000 to £394,778 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MEADOW HILL has moved in line with the HPI for detached houses in the Newcastle upon Tyne local authority area.
• The August 2022 sale price of £337,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOW HILL has not materially changed since August 2022.

How Large is 2 MEADOW HILL?

2 MEADOW HILL is 129m² according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses houses in Throckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Throckley, and where 2 MEADOW HILL lies on this distribution: 66% of detached houses houses are smaller than 2 MEADOW HILL, and 26% of houses are larger. Note that EPC data is not available for all properties in Throckley.

2 MEADOW HILL: Plot and Title Map

2 MEADOW HILL sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 MEADOW HILL, 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 MEADOW HILL). 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 MEADOW HILL?

2 MEADOW HILL is located in NEWCASTLE UPON TYNE, in the NE15 postcode district. The below map shows the position of No. 2 on MEADOW HILL.