31, MULBERRY GROVE, HOBSON, NEWCASTLE UPON TYNE, NE16 6ET - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 MULBERRY GROVE is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £274,593. It was last sold for £250,000 in January 2024, which was around 16% above the average January 2024 detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

31 MULBERRY GROVE Sold Prices

Land registry data shows five sales for 31 MULBERRY GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the five 31 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
2024 9 JAN	£250,000	£215,013	16% above HPI
2022 10 JUN	£242,000	£209,071	16% above HPI
2015 2 APR	£164,500	£161,200	2% above HPI
2006 10 FEB	£172,500	£181,297	5% below HPI
2001 20 APR	£91,000	£81,541	12% above HPI

31 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 five 31 MULBERRY GROVE sales between April 2001 and January 2024 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 June 2022 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2024 sale, which was also at 16% above the HPI.

What might 31 MULBERRY GROVE be worth now?

31 MULBERRY GROVE might now be worth an estimated £274,593.

This is based on house price inflation of 9.8%, between January 2024 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 9.8% inflationary increase is applied to the most recent sale price for 31 MULBERRY GROVE of £250,000 on 9th January 2024. For the value to have increased from £250,000 to £274,593 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 31 MULBERRY GROVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MULBERRY GROVE has not materially changed since January 2024.

How Large is 31 MULBERRY GROVE?

31 MULBERRY GROVE is 76m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% 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 31 MULBERRY GROVE lies on this distribution: 19% of detached houses houses are smaller than 31 MULBERRY GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hobson.

31 MULBERRY GROVE: Plot and Title Map

31 MULBERRY GROVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 31 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 31 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 31 MULBERRY GROVE?

31 MULBERRY GROVE is located in HOBSON, in the NE16 postcode district. The below map shows the position of No. 31 on MULBERRY GROVE.