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

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

31 MULBERRY GROVE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £250,000 in January 2024, which was around 21% 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	£206,627	21% above HPI
2022 10 JUN	£242,000	£203,387	19% above HPI
2015 2 APR	£164,500	£156,817	5% above HPI
2006 10 FEB	£172,500	£176,368	2% below HPI
2001 20 APR	£91,000	£79,325	15% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2024 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

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 in Hobson, based on EPC data. The below chart shows the distribution of detached houses by size in Hobson, and where 31 MULBERRY GROVE lies on this distribution: 19% of detached 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.