Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
25 MURRAYFIELDS is a small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £210,000 in April 2021, which was around 32% below the average April 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 25 MURRAYFIELDS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 25 MURRAYFIELDS 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 |
---|---|---|---|
2021 1 APR | £210,000 | £309,263 | 32% below HPI |
2020 18 DEC | £216,000 | £309,155 | 30% below HPI |
2013 13 NOV | £175,000 | £236,461 | 26% below HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 25 MURRAYFIELDS sales between November 2013 and April 2021 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 December 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
25 MURRAYFIELDS is 94m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 25 MURRAYFIELDS lies on this distribution: 31% of detached houses are smaller than 25 MURRAYFIELDS, and 68% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
25 MURRAYFIELDS sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 25 MURRAYFIELDS, 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 25 MURRAYFIELDS). 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.
25 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 25 on MURRAYFIELDS.