22, RICHARDSON GARDENS, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0FH - £414,000

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.

22 RICHARDSON GARDENS is a large detached house of 133m², which could now be worth an estimated £455,303. It was last sold for £414,000 in July 2022, which was around 22% above the average July 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

22 RICHARDSON GARDENS Sold Prices

Land registry data shows two sales for 22 RICHARDSON GARDENS since 1^st 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 22 RICHARDSON GARDENS 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
2022 29 JUL	£414,000	£338,833	22% above HPI
2018 8 JUN	£306,495	£277,706	10% above HPI

22 RICHARDSON GARDENS 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 two 22 RICHARDSON GARDENS sales from June 2018 and July 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 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 22 RICHARDSON GARDENS be worth now?

22 RICHARDSON GARDENS might now be worth an estimated £455,303.

This is based on house price inflation of 10%, between July 2022 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 10% inflationary increase is applied to the most recent sale price for 22 RICHARDSON GARDENS of £414,000 on 29th July 2022. For the value to have increased from £414,000 to £455,303 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 22 RICHARDSON GARDENS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2022 sale price of £414,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RICHARDSON GARDENS has not materially changed since July 2022.

How Large is 22 RICHARDSON GARDENS?

22 RICHARDSON GARDENS is 133m² according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses houses in Shiremoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shiremoor, and where 22 RICHARDSON GARDENS lies on this distribution: 64% of detached houses houses are smaller than 22 RICHARDSON GARDENS, and 34% of houses are larger. Note that EPC data is not available for all properties in Shiremoor.

22 RICHARDSON GARDENS: Plot and Title Map

22 RICHARDSON GARDENS sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 22 RICHARDSON GARDENS, 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 22 RICHARDSON GARDENS). 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 22 RICHARDSON GARDENS?

22 RICHARDSON GARDENS is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 22 on RICHARDSON GARDENS.