31, MEADOW VALE, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0BD - £410,000

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

31 MEADOW VALE is a very large detached house of 170m², built sometime between 2003 and 2006. It was last sold for £410,000 in November 2023, which was around 15% above the average November 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

31 MEADOW VALE Sold Prices

Land registry data shows three sales for 31 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. All of the three 31 MEADOW VALE 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
2023 28 NOV	£410,000	£356,534	15% above HPI
2009 2 OCT	£294,000	£224,290	31% above HPI
2005 5 AUG	£295,000	£223,873	32% above HPI

31 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 31 MEADOW VALE sales between August 2005 and November 2023 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 2009 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 31 MEADOW VALE?

31 MEADOW VALE is 170m² according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 31 MEADOW VALE lies on this distribution: 91% of detached houses are smaller than 31 MEADOW VALE, and 9% of houses are larger. Note that EPC data is not available for all properties in Backworth.

31 MEADOW VALE: Plot and Title Map

31 MEADOW VALE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 31 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 31 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 31 MEADOW VALE?

31 MEADOW VALE is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 31 on MEADOW VALE.