2, THE MEADOWS, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6QW - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE MEADOWS is a small extended detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £216,541. It was last sold for £165,000 in October 2010, which was around 8% below the average October 2010 detached price in the County Durham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

2 THE MEADOWS Sold Prices

Land registry data shows two sales for 2 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the two 2 THE MEADOWS sales was for below the average price, whilst the other was 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
2010 29 OCT	£165,000	£179,952	8% below HPI
2000 28 APR	£85,950	£80,628	7% above HPI

2 THE MEADOWS 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 two 2 THE MEADOWS sales from April 2000 and October 2010 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 April 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2010 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 THE MEADOWS be worth now?

2 THE MEADOWS might now be worth an estimated £216,541.

This is based on house price inflation of 31.2%, between October 2010 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.2% inflationary increase is applied to the most recent sale price for 2 THE MEADOWS of £165,000 on 29th October 2010. For the value to have increased from £165,000 to £216,541 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 THE MEADOWS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2010 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEADOWS has not materially changed since October 2010.

How Large is 2 THE MEADOWS?

2 THE MEADOWS is 95m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses houses in Pickering Nook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pickering Nook, and where 2 THE MEADOWS lies on this distribution: 29% of detached houses houses are smaller than 2 THE MEADOWS, and 71% of houses are larger. Note that EPC data is not available for all properties in Pickering Nook.

2 THE MEADOWS: Plot and Title Map

2 THE MEADOWS sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 2 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

2 THE MEADOWS is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 2 on THE MEADOWS.