42, EARLSMEADOW, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0GB - £247,500

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.

42 EARLSMEADOW is a small extended detached house of 98m², built sometime from 2007 onwards, which could now be worth an estimated £309,064. It was last sold for £247,500 in September 2020, which was around 17% below the average September 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was B.

42 EARLSMEADOW Sold Prices

Land registry data shows three sales for 42 EARLSMEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Two of the three 42 EARLSMEADOW sales were for below the average price, whilst one was 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 7 SEP	£247,500	£298,410	17% below HPI
2015 18 SEP	£225,000	£255,926	12% below HPI
2008 31 JAN	£299,000	£245,966	22% above HPI

42 EARLSMEADOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 42 EARLSMEADOW sales between January 2008 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 September 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 42 EARLSMEADOW be worth now?

42 EARLSMEADOW might now be worth an estimated £309,064.

This is based on house price inflation of 24.9%, between September 2020 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 42 EARLSMEADOW of £247,500 on 7th September 2020. For the value to have increased from £247,500 to £309,064 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 42 EARLSMEADOW has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The September 2020 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 42 EARLSMEADOW has not materially changed since September 2020.

How Large is 42 EARLSMEADOW?

42 EARLSMEADOW is 98m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses houses in Shiremoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shiremoor, and where 42 EARLSMEADOW lies on this distribution: 34% of detached houses houses are smaller than 42 EARLSMEADOW, and 66% of houses are larger. Note that EPC data is not available for all properties in Shiremoor.

42 EARLSMEADOW: Plot and Title Map

42 EARLSMEADOW sits on a plot of roughly 0.558 of an acre, or 2,258m². The below map shows the location of 42 EARLSMEADOW, 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 42 EARLSMEADOW). 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 42 EARLSMEADOW?

42 EARLSMEADOW is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 42 on EARLSMEADOW.