37, THE MEADOWS, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6QW - £202,500

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.

37 THE MEADOWS is a very small detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £270,824. It was last sold for £202,500 in September 2020, which was around 15% above the average September 2020 detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

37 THE MEADOWS Sold Prices

Land registry data shows three sales for 37 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 37 THE MEADOWS 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
2020 28 SEP	£202,500	£176,584	15% above HPI
2014 14 FEB	£165,000	£155,232	6% above HPI
2001 30 MAR	£91,950	£80,843	14% above HPI

37 THE MEADOWS 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 three 37 THE MEADOWS sales between March 2001 and September 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 February 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 37 THE MEADOWS be worth now?

37 THE MEADOWS might now be worth an estimated £270,824.

This is based on house price inflation of 33.7%, between September 2020 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 33.7% inflationary increase is applied to the most recent sale price for 37 THE MEADOWS of £202,500 on 28th September 2020. For the value to have increased from £202,500 to £270,824 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 37 THE MEADOWS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2020 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 37 THE MEADOWS has not materially changed since September 2020.

How Large is 37 THE MEADOWS?

37 THE MEADOWS is 94m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses houses in Pickering Nook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pickering Nook, and where 37 THE MEADOWS lies on this distribution: 20% of detached houses houses are smaller than 37 THE MEADOWS, and 78% of houses are larger. Note that EPC data is not available for all properties in Pickering Nook.

37 THE MEADOWS: Plot and Title Map

37 THE MEADOWS sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 37 THE MEADOWS, 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 37 THE MEADOWS). 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 37 THE MEADOWS?

37 THE MEADOWS is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 37 on THE MEADOWS.