5, FAIRFIELD DRIVE, NORTH SHIELDS, NE30 3AE - £295,000

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

5 FAIRFIELD DRIVE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £295,000 in January 2019, which was around 2% above the average January 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

5 FAIRFIELD DRIVE Sold Prices

Land registry data shows three sales for 5 FAIRFIELD DRIVE 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. Two of the three 5 FAIRFIELD DRIVE sales were for above the average price, whilst one was 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
2019 11 JAN	£295,000	£289,468	2% above HPI
2012 17 OCT	£264,500	£230,330	15% above HPI
2012 12 JAN	£135,000	£226,399	40% below HPI

5 FAIRFIELD DRIVE 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 5 FAIRFIELD DRIVE sales between January 2012 and January 2019 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 October 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 5 FAIRFIELD DRIVE?

5 FAIRFIELD DRIVE is 68m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 5 FAIRFIELD DRIVE lies on this distribution: 4% of detached houses are smaller than 5 FAIRFIELD DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

5 FAIRFIELD DRIVE: Plot and Title Map

5 FAIRFIELD DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 FAIRFIELD DRIVE, 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 FAIRFIELD DRIVE). 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 FAIRFIELD DRIVE?

5 FAIRFIELD DRIVE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 5 on FAIRFIELD DRIVE.