47, MEADOW VALE, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0BD - £395,000

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

47 MEADOW VALE is a large extended detached house of 141m², built sometime between 2003 and 2006. It was last sold for £395,000 in July 2022, which was around 15% above the average July 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

47 MEADOW VALE Sold Prices

Land registry data shows three sales for 47 MEADOW VALE 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 47 MEADOW VALE 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 29 JUL	£395,000	£344,613	15% above HPI
2007 7 SEP	£315,000	£255,183	23% above HPI
2005 15 SEP	£330,000	£228,555	44% above HPI

47 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 three 47 MEADOW VALE sales between September 2005 and July 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 September 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 47 MEADOW VALE?

47 MEADOW VALE is 141m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 47 MEADOW VALE lies on this distribution: 68% of detached houses are smaller than 47 MEADOW VALE, and 31% of houses are larger. Note that EPC data is not available for all properties in Backworth.

47 MEADOW VALE: Plot and Title Map

47 MEADOW VALE sits on a plot of roughly 2.1 acres, or 8,404m². The below map shows the location of 47 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 47 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 47 MEADOW VALE?

47 MEADOW VALE is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 47 on MEADOW VALE.