5, FENWICK CLOSE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0RL - £175,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FENWICK CLOSE is a very small detached house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £245,564. It was last sold for £175,500 in July 2016, which was around 34% below the average July 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

5 FENWICK CLOSE Sold Prices

Land registry data shows two sales for 5 FENWICK CLOSE 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 FENWICK CLOSE 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
2016 20 JUL	£175,500	£266,317	34% below HPI
2005 21 JAN	£178,000	£217,601	18% below HPI

5 FENWICK CLOSE 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 FENWICK CLOSE sales from January 2005 and July 2016 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 January 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 FENWICK CLOSE be worth now?

5 FENWICK CLOSE might now be worth an estimated £245,564.

This is based on house price inflation of 39.9%, between July 2016 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 39.9% inflationary increase is applied to the most recent sale price for 5 FENWICK CLOSE of £175,500 on 20th July 2016. For the value to have increased from £175,500 to £245,564 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 5 FENWICK CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2016 sale price of £175,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FENWICK CLOSE has not materially changed since July 2016.

How Large is 5 FENWICK CLOSE?

5 FENWICK CLOSE is 80m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% 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 FENWICK CLOSE lies on this distribution: 2% of detached houses houses are smaller than 5 FENWICK CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Backworth.

5 FENWICK CLOSE: Plot and Title Map

5 FENWICK CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 5 FENWICK CLOSE, 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 FENWICK CLOSE). 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 FENWICK CLOSE?

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