39, WEST MEADOWS, CHOPWELL, NEWCASTLE UPON TYNE, NE17 7BG - £172,000

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

39 WEST MEADOWS is a midsized extended detached house of 87m², built sometime between 2003 and 2006. It was last sold for £172,000 in August 2022, which was around 37% below the average August 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

39 WEST MEADOWS Sold Prices

Land registry data shows four sales for 39 WEST MEADOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 39 WEST MEADOWS sales were for below 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
2022 19 AUG	£172,000	£274,102	37% below HPI
2016 16 SEP	£140,000	£224,980	38% below HPI
2011 28 JAN	£152,500	£205,963	26% below HPI
2005 16 DEC	£170,000	£201,534	16% below HPI

39 WEST MEADOWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 39 WEST MEADOWS sales between December 2005 and August 2022 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 September 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 39 WEST MEADOWS?

39 WEST MEADOWS is 87m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses in Chopwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chopwell, and where 39 WEST MEADOWS lies on this distribution: 43% of detached houses are smaller than 39 WEST MEADOWS, and 55% of houses are larger. Note that EPC data is not available for all properties in Chopwell.

39 WEST MEADOWS: Plot and Title Map

39 WEST MEADOWS sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 39 WEST 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 39 WEST 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 39 WEST MEADOWS?

39 WEST MEADOWS is located in CHOPWELL, in the NE17 postcode district. The below map shows the position of No. 39 on WEST MEADOWS.