5, BURN WALK, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0GT - £375,000

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.

5 BURN WALK is a small detached house of 125m², which could now be worth an estimated £412,412. It was last sold for £375,000 in July 2022, which was around 11% above the average July 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

5 BURN WALK Sold Prices

Land registry data shows two sales for 5 BURN WALK since 1^st 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 5 BURN WALK 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 22 JUL	£375,000	£338,833	11% above HPI
2019 28 JUN	£314,950	£282,165	12% above HPI

5 BURN WALK 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 two 5 BURN WALK sales from June 2019 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 June 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 5 BURN WALK be worth now?

5 BURN WALK might now be worth an estimated £412,412.

This is based on house price inflation of 10%, between July 2022 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for 5 BURN WALK of £375,000 on 22nd July 2022. For the value to have increased from £375,000 to £412,412 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 5 BURN WALK has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BURN WALK has not materially changed since July 2022.

How Large is 5 BURN WALK?

5 BURN WALK is 125m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Backworth, and where 5 BURN WALK lies on this distribution: 40% of detached houses houses are smaller than 5 BURN WALK, and 57% of houses are larger. Note that EPC data is not available for all properties in Backworth.

5 BURN WALK: Plot and Title Map

5 BURN WALK sits on a plot of roughly 11.9 acres, or 48,227m². The below map shows the location of 5 BURN WALK, 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 5 BURN WALK). 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 5 BURN WALK?

5 BURN WALK is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 5 on BURN WALK.