43, MEADOW VALE, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0BD - £360,000

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

43 MEADOW VALE is a very small detached house of 105m², built sometime between 2003 and 2006. It was last sold for £360,000 in August 2022, which was around 3% above the average August 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

43 MEADOW VALE Sold Prices

Land registry data shows five sales for 43 MEADOW VALE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Most of the five 43 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
2022 2 AUG	£360,000	£350,471	3% above HPI
2018 18 MAY	£248,000	£278,888	11% below HPI
2016 7 OCT	£245,000	£274,469	11% below HPI
2013 26 NOV	£234,950	£236,461	1% below HPI
2005 19 AUG	£227,200	£223,873	1% above HPI

43 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 five 43 MEADOW VALE sales between August 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 May 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 43 MEADOW VALE?

43 MEADOW VALE is 105m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 43 MEADOW VALE lies on this distribution: 16% of detached houses are smaller than 43 MEADOW VALE, and 84% of houses are larger. Note that EPC data is not available for all properties in Backworth.

43 MEADOW VALE: Plot and Title Map

43 MEADOW VALE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 43 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 43 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 43 MEADOW VALE?

43 MEADOW VALE is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 43 on MEADOW VALE.