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
5 BURN WALK is a small detached house of 125m². It was last sold for £375,000 in July 2022, which was around 9% 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.
Land registry data shows two sales for 5 BURN WALK 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 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 | £344,613 | 9% above HPI |
2019 28 JUN | £314,950 | £286,978 | 10% above 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 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.
5 BURN WALK is 125m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 5 BURN WALK lies on this distribution: 40% of detached 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 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.
5 BURN WALK is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 5 on BURN WALK.