24, HOTSPUR NORTH, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0FZ - £225,000

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

24 HOTSPUR NORTH is a very small detached house of 89m². It was last sold for £225,000 in January 2020, which was around 22% below the average January 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

24 HOTSPUR NORTH Sold Prices

Land registry data shows two sales for 24 HOTSPUR NORTH 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 24 HOTSPUR NORTH 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
2020 10 JAN	£225,000	£287,890	22% below HPI
2017 30 JUN	£223,700	£272,747	18% below HPI

24 HOTSPUR NORTH 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 24 HOTSPUR NORTH sales from June 2017 and January 2020 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 24 HOTSPUR NORTH?

24 HOTSPUR NORTH is 89m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 24 HOTSPUR NORTH lies on this distribution: 5% of detached houses are smaller than 24 HOTSPUR NORTH, and 93% of houses are larger. Note that EPC data is not available for all properties in Backworth.

24 HOTSPUR NORTH: Plot and Title Map

24 HOTSPUR NORTH sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 24 HOTSPUR NORTH, 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 24 HOTSPUR NORTH). 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 24 HOTSPUR NORTH?

24 HOTSPUR NORTH is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 24 on HOTSPUR NORTH.