3, KNIVESTONE COURT, NEWCASTLE UPON TYNE, NE12 6ST - £257,000

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

3 KNIVESTONE COURT is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £257,000 in February 2022, which was around 21% below the average February 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

3 KNIVESTONE COURT Sold Prices

Land registry data shows two sales for 3 KNIVESTONE COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 3 KNIVESTONE COURT 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
2022 4 FEB	£257,000	£323,793	21% below HPI
2015 21 OCT	£152,500	£263,774	42% below HPI

3 KNIVESTONE COURT 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 two 3 KNIVESTONE COURT sales from October 2015 and February 2022 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 October 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 KNIVESTONE COURT?

3 KNIVESTONE COURT is 84m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Killingworth, and where 3 KNIVESTONE COURT lies on this distribution: 27% of detached houses are smaller than 3 KNIVESTONE COURT, and 71% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

3 KNIVESTONE COURT: Plot and Title Map

3 KNIVESTONE COURT sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 KNIVESTONE COURT, 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 3 KNIVESTONE COURT). 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 3 KNIVESTONE COURT?

3 KNIVESTONE COURT is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 3 on KNIVESTONE COURT.