28, MULBERRY GROVE, HOBSON, NEWCASTLE UPON TYNE, NE16 6ET - £159,995

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

28 MULBERRY GROVE is a very small extended detached house of 70m², built sometime between 1996 and 2002. It was last sold for £159,995 in December 2020, which was around 12% below the average December 2020 detached price in the County Durham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

28 MULBERRY GROVE Sold Prices

Land registry data shows four sales for 28 MULBERRY GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. two of the four 28 MULBERRY GROVE sales were for below the average price, and four 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
2020 16 DEC	£159,995	£181,572	12% below HPI
2020 14 DEC	£155,000	£181,572	15% below HPI
2003 21 MAR	£115,000	£106,570	8% above HPI
2001 16 MAR	£84,000	£78,645	7% above HPI

28 MULBERRY GROVE 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 four 28 MULBERRY GROVE sales between March 2001 and December 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 December 2020 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 28 MULBERRY GROVE?

28 MULBERRY GROVE is 70m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Hobson, based on EPC data. The below chart shows the distribution of detached houses by size in Hobson, and where 28 MULBERRY GROVE lies on this distribution: 7% of detached houses are smaller than 28 MULBERRY GROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hobson.

28 MULBERRY GROVE: Plot and Title Map

28 MULBERRY GROVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 28 MULBERRY GROVE, 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 28 MULBERRY GROVE). 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 28 MULBERRY GROVE?

28 MULBERRY GROVE is located in HOBSON, in the NE16 postcode district. The below map shows the position of No. 28 on MULBERRY GROVE.