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
45 MURRAYFIELDS is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £205,000 in June 2016, which was around 23% below the average June 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 45 MURRAYFIELDS since 1st 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 45 MURRAYFIELDS 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 |
---|---|---|---|
2016 17 JUN | £205,000 | £266,170 | 23% below HPI |
1999 30 SEP | £87,500 | £92,194 | 5% below HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 45 MURRAYFIELDS sales from September 1999 and June 2016 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 September 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
45 MURRAYFIELDS is 96m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 45 MURRAYFIELDS lies on this distribution: 33% of detached houses are smaller than 45 MURRAYFIELDS, and 66% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
45 MURRAYFIELDS sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 45 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 45 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.
45 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 45 on MURRAYFIELDS.