43, THE SPINNEY, ANNITSFORD, CRAMLINGTON, NE23 7NY - £310,000

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 THE SPINNEY is a large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £310,000 in March 2024, which was around 14% below the average March 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

43 THE SPINNEY Sold Prices

Land registry data shows three sales for 43 THE SPINNEY 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 43 THE SPINNEY 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
2024 8 MAR	£310,000	£360,656	14% below HPI
2022 19 AUG	£235,000	£350,471	33% below HPI
2004 14 JUL	£203,000	£215,490	6% below HPI

43 THE SPINNEY 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 43 THE SPINNEY sales between July 2004 and March 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 August 2022 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 43 THE SPINNEY?

43 THE SPINNEY is 121m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 43 THE SPINNEY lies on this distribution: 78% of detached houses are smaller than 43 THE SPINNEY, and 22% of houses are larger. Note that EPC data is not available for all properties in Dudley.

43 THE SPINNEY: Plot and Title Map

43 THE SPINNEY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 43 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

43 THE SPINNEY is located in ANNITSFORD, in the NE23 postcode district. The below map shows the position of No. 43 on THE SPINNEY.