39, FAIRNEY EDGE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9EF - £360,000

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

39 FAIRNEY EDGE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £360,000 in October 2023, which was around 11% above the average October 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

39 FAIRNEY EDGE Sold Prices

Land registry data shows two sales for 39 FAIRNEY EDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 39 FAIRNEY EDGE 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 6 OCT	£360,000	£325,074	11% above HPI
1997 29 AUG	£110,000	£88,954	24% above HPI

39 FAIRNEY EDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 39 FAIRNEY EDGE sales from August 1997 and October 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 August 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 39 FAIRNEY EDGE?

39 FAIRNEY EDGE is 79m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 39 FAIRNEY EDGE lies on this distribution: 4% of detached houses are smaller than 39 FAIRNEY EDGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

39 FAIRNEY EDGE: Plot and Title Map

39 FAIRNEY EDGE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 39 FAIRNEY EDGE, 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 39 FAIRNEY EDGE). 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 39 FAIRNEY EDGE?

39 FAIRNEY EDGE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 39 on FAIRNEY EDGE.