42, MURRAYFIELDS, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0RD - £340,000

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

42 MURRAYFIELDS is a large extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £340,000 in February 2022, which was around 5% above the average February 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

42 MURRAYFIELDS Sold Prices

Land registry data shows three sales for 42 MURRAYFIELDS 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. All of the three 42 MURRAYFIELDS 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
2022 16 FEB	£340,000	£323,793	5% above HPI
2002 31 JAN	£129,000	£111,727	15% above HPI
2000 28 JAN	£125,000	£92,643	35% above HPI

42 MURRAYFIELDS 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 MURRAYFIELDS sales between January 2000 and February 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 January 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 42 MURRAYFIELDS?

42 MURRAYFIELDS is 126m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 42 MURRAYFIELDS lies on this distribution: 65% of detached houses are smaller than 42 MURRAYFIELDS, and 34% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

42 MURRAYFIELDS: Plot and Title Map

42 MURRAYFIELDS sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 42 MURRAYFIELDS, 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 MURRAYFIELDS). 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 MURRAYFIELDS?

42 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 42 on MURRAYFIELDS.