47, CORVER CRESCENT, HAZLERIGG, NEWCASTLE UPON TYNE, NE13 7FW - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 CORVER CRESCENT is a very large detached house of 158m², built in 2021, which could now be worth an estimated £449,738. It was last sold for £395,000 in August 2023, which was around 11% above the average August 2023 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was A.

47 CORVER CRESCENT Sold Prices

Land registry data shows two sales for 47 CORVER CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. Both of the two 47 CORVER CRESCENT 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
2023 23 AUG	£395,000	£356,566	11% above HPI
2020 14 DEC	£349,995	£315,859	11% above HPI

47 CORVER CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two 47 CORVER CRESCENT sales from December 2020 and August 2023 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 December 2020 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2023 sale, which was also at 11% above the HPI.

What might 47 CORVER CRESCENT be worth now?

47 CORVER CRESCENT might now be worth an estimated £449,738.

This is based on house price inflation of 13.9%, between August 2023 and February 2025, for detached houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for 47 CORVER CRESCENT of £395,000 on 23rd August 2023. For the value to have increased from £395,000 to £449,738 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 47 CORVER CRESCENT has moved in line with the HPI for detached houses in the Newcastle upon Tyne local authority area.
• The August 2023 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 47 CORVER CRESCENT has not materially changed since August 2023.

How Large is 47 CORVER CRESCENT?

47 CORVER CRESCENT is 158m² according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses houses in Hazlerigg, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hazlerigg, and where 47 CORVER CRESCENT lies on this distribution: 87% of detached houses houses are smaller than 47 CORVER CRESCENT, and 13% of houses are larger. Note that EPC data is not available for all properties in Hazlerigg.

47 CORVER CRESCENT: Plot and Title Map

47 CORVER CRESCENT sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 47 CORVER CRESCENT, 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 47 CORVER CRESCENT). 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 47 CORVER CRESCENT?

47 CORVER CRESCENT is located in HAZLERIGG, in the NE13 postcode district. The below map shows the position of No. 47 on CORVER CRESCENT.