3, MOORFIELD DRIVE, KILLINGWORTH VILLAGE, NEWCASTLE UPON TYNE, NE12 6BA - £278,000

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.

3 MOORFIELD DRIVE is a large detached house of 125m², which could now be worth an estimated £340,801. It was last sold for £278,000 in December 2020, which was around 9% below the average December 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

3 MOORFIELD DRIVE Sold Prices

Land registry data shows two sales for 3 MOORFIELD DRIVE 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 MOORFIELD DRIVE 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
2020 10 DEC	£278,000	£303,969	9% below HPI
2018 6 JUL	£259,995	£276,630	6% below HPI

3 MOORFIELD DRIVE 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 MOORFIELD DRIVE sales from July 2018 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 July 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 MOORFIELD DRIVE be worth now?

3 MOORFIELD DRIVE might now be worth an estimated £340,801.

This is based on house price inflation of 22.6%, between December 2020 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.6% inflationary increase is applied to the most recent sale price for 3 MOORFIELD DRIVE of £278,000 on 10th December 2020. For the value to have increased from £278,000 to £340,801 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 MOORFIELD DRIVE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The December 2020 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MOORFIELD DRIVE has not materially changed since December 2020.

How Large is 3 MOORFIELD DRIVE?

3 MOORFIELD DRIVE is 125m² according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Killingworth, and where 3 MOORFIELD DRIVE lies on this distribution: 78% of detached houses houses are smaller than 3 MOORFIELD DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

3 MOORFIELD DRIVE: Plot and Title Map

3 MOORFIELD DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 MOORFIELD DRIVE, 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 MOORFIELD DRIVE). 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 MOORFIELD DRIVE?

3 MOORFIELD DRIVE is located in KILLINGWORTH VILLAGE, in the NE12 postcode district. The below map shows the position of No. 3 on MOORFIELD DRIVE.