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
47 MURRAYFIELDS is a large detached house of 129m², built sometime between 1996 and 2002. It was last sold for £190,000 in May 2012, which was around 16% below the average May 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 47 MURRAYFIELDS since 1st 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. All of the five 47 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 |
---|---|---|---|
2012 11 MAY | £190,000 | £226,391 | 16% below HPI |
2005 30 NOV | £191,000 | £229,134 | 17% below HPI |
2004 19 MAR | £175,000 | £193,774 | 10% below HPI |
2004 23 JAN | £180,000 | £185,097 | 3% below HPI |
1999 27 AUG | £85,500 | £89,308 | 4% 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 five 47 MURRAYFIELDS sales between August 1999 and May 2012 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 November 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
47 MURRAYFIELDS is 129m² according to the EPC inspection conducted in November 2013. This puts it in the largest 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 47 MURRAYFIELDS lies on this distribution: 68% of detached houses are smaller than 47 MURRAYFIELDS, and 31% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
47 MURRAYFIELDS sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 47 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 47 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.
47 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 47 on MURRAYFIELDS.