29, MEADOW VALE, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0BD - £244,000

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

29 MEADOW VALE is a very small extended detached house of 109m², built sometime between 2003 and 2006. It was last sold for £244,000 in November 2017, which was around 13% below the average November 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

29 MEADOW VALE Sold Prices

Land registry data shows three sales for 29 MEADOW VALE since 1^st 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. The three 29 MEADOW VALE sales were a mix of below the average price, and roughly equal to 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
2017 3 NOV	£244,000	£279,735	13% below HPI
2017 3 AUG	£3,078	£274,649	99% below HPI
2006 7 JUL	£232,500	£233,655	Close to HPI

29 MEADOW VALE 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 three 29 MEADOW VALE sales between July 2006 and November 2017 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 August 2017 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the November 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 29 MEADOW VALE?

29 MEADOW VALE is 109m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 29 MEADOW VALE lies on this distribution: 18% of detached houses are smaller than 29 MEADOW VALE, and 82% of houses are larger. Note that EPC data is not available for all properties in Backworth.

29 MEADOW VALE: Plot and Title Map

29 MEADOW VALE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 29 MEADOW VALE, 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 29 MEADOW VALE). 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 29 MEADOW VALE?

29 MEADOW VALE is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 29 on MEADOW VALE.