24, WILLOW WAY, PONTELAND, NEWCASTLE UPON TYNE, NE20 9RF - £440,000

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.

24 WILLOW WAY is a midsized detached house of 171m², built sometime between 1967 and 1975, which could now be worth an estimated £652,692. It was last sold for £440,000 in February 2015, which was around 81% above the average February 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

24 WILLOW WAY Sold Prices

Land registry data shows two sales for 24 WILLOW WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 24 WILLOW WAY 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
2015 26 FEB	£440,000	£242,545	81% above HPI
1997 28 JUL	£165,000	£91,037	81% above HPI

24 WILLOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 24 WILLOW WAY sales from July 1997 and February 2015 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 July 1997 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the February 2015 sale, which was also at 81% above the HPI.

What might 24 WILLOW WAY be worth now?

24 WILLOW WAY might now be worth an estimated £652,692.

This is based on house price inflation of 48.3%, between February 2015 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.3% inflationary increase is applied to the most recent sale price for 24 WILLOW WAY of £440,000 on 26th February 2015. For the value to have increased from £440,000 to £652,692 over the ten years to February 2025, the following assumptions must hold true:

• The value of 24 WILLOW WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2015 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WILLOW WAY has not materially changed since February 2015.

How Large is 24 WILLOW WAY?

24 WILLOW WAY is 171m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ponteland, and where 24 WILLOW WAY lies on this distribution: 49% of detached houses houses are smaller than 24 WILLOW WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

24 WILLOW WAY: Plot and Title Map

24 WILLOW WAY sits on a plot of roughly 0.256 of an acre, or 1,036m². The below map shows the location of 24 WILLOW WAY, 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 WILLOW WAY). 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 WILLOW WAY?

24 WILLOW WAY is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 24 on WILLOW WAY.