42, MEADOW VALE, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0BF - £225,000

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

42 MEADOW VALE is a very small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £225,000 in November 2018, which was around 22% below the average November 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

42 MEADOW VALE Sold Prices

Land registry data shows two sales for 42 MEADOW VALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 42 MEADOW VALE 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
2018 29 NOV	£225,000	£288,829	22% below HPI
2004 22 OCT	£203,000	£220,427	8% below HPI

42 MEADOW VALE 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 two 42 MEADOW VALE sales from October 2004 and November 2018 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 October 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 42 MEADOW VALE?

42 MEADOW VALE is 94m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 42 MEADOW VALE lies on this distribution: 7% of detached houses are smaller than 42 MEADOW VALE, and 93% of houses are larger. Note that EPC data is not available for all properties in Backworth.

42 MEADOW VALE: Plot and Title Map

42 MEADOW VALE sits on a plot of roughly 2.1 acres, or 8,404m². The below map shows the location of 42 MEADOW VALE, 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 MEADOW VALE). 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 MEADOW VALE?

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