42, EDWARD STREET, HOBSON, NEWCASTLE UPON TYNE, NE16 6EP - £210,000

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 EDWARD STREET is a large detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £236,514. It was last sold for £210,000 in May 2024, which was about the average May 2024 detached price in the County Durham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was A.

42 EDWARD STREET Sold Prices

Land registry data shows three sales for 42 EDWARD STREET 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. The three 42 EDWARD STREET sales were a mix of roughly equal to the average price, and 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 23 MAY	£210,000	£209,689	Close to HPI
2006 27 JUL	£197,500	£184,919	7% above HPI
1996 28 JUN	£84,950	£70,692	20% above HPI

42 EDWARD STREET 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 42 EDWARD STREET sales between June 1996 and May 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 July 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 42 EDWARD STREET be worth now?

42 EDWARD STREET might now be worth an estimated £236,514.

This is based on house price inflation of 12.6%, between May 2024 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 12.6% inflationary increase is applied to the most recent sale price for 42 EDWARD STREET of £210,000 on 23rd May 2024. For the value to have increased from £210,000 to £236,514 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 42 EDWARD STREET has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2024 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 42 EDWARD STREET has not materially changed since May 2024.

How Large is 42 EDWARD STREET?

42 EDWARD STREET is 118m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in Hobson, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hobson, and where 42 EDWARD STREET lies on this distribution: 78% of detached houses houses are smaller than 42 EDWARD STREET, and 22% of houses are larger. Note that EPC data is not available for all properties in Hobson.

42 EDWARD STREET: Plot and Title Map

42 EDWARD STREET sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 42 EDWARD STREET, 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 EDWARD STREET). 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 EDWARD STREET?

42 EDWARD STREET is located in HOBSON, in the NE16 postcode district. The below map shows the position of No. 42 on EDWARD STREET.