29, MULBERRY GROVE, HOBSON, NEWCASTLE UPON TYNE, NE16 6ET - £165,000

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.

29 MULBERRY GROVE is a midsized detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £253,385. It was last sold for £165,000 in April 2014, which was around 7% above the average April 2014 detached price in the County Durham local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

29 MULBERRY GROVE Sold Prices

Land registry data shows four sales for 29 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. Most of the four 29 MULBERRY GROVE 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
2014 11 APR	£165,000	£153,786	7% above HPI
2005 13 MAY	£165,500	£169,942	3% below HPI
2002 14 JUN	£113,000	£93,827	20% above HPI
2001 19 JAN	£88,000	£82,631	6% above HPI

29 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 29 MULBERRY GROVE sales between January 2001 and April 2014 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 May 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 29 MULBERRY GROVE be worth now?

29 MULBERRY GROVE might now be worth an estimated £253,385.

This is based on house price inflation of 53.6%, between April 2014 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.6% inflationary increase is applied to the most recent sale price for 29 MULBERRY GROVE of £165,000 on 11th April 2014. For the value to have increased from £165,000 to £253,385 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 29 MULBERRY GROVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MULBERRY GROVE has not materially changed since April 2014.

How Large is 29 MULBERRY GROVE?

29 MULBERRY GROVE is 85m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses houses in Hobson, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hobson, and where 29 MULBERRY GROVE lies on this distribution: 52% of detached houses houses are smaller than 29 MULBERRY GROVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Hobson.

29 MULBERRY GROVE: Plot and Title Map

29 MULBERRY GROVE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 29 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 29 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 29 MULBERRY GROVE?

29 MULBERRY GROVE is located in HOBSON, in the NE16 postcode district. The below map shows the position of No. 29 on MULBERRY GROVE.