5, GREENACRES, PONTELAND, NEWCASTLE UPON TYNE, NE20 9RT - £560,000

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 GREENACRES is a large extended detached house of 206m², built sometime between 1950 and 1966, which could now be worth an estimated £716,920. It was last sold for £560,000 in September 2020, which was around 99% above the average September 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

5 GREENACRES Sold Prices

Land registry data shows two sales for 5 GREENACRES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two 5 GREENACRES sales was for above the average price, whilst the other 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
2020 18 SEP	£560,000	£281,038	99% above HPI
2012 14 DEC	£225,000	£240,328	6% below HPI

5 GREENACRES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 5 GREENACRES sales from December 2012 and September 2020 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 December 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2020 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 5 GREENACRES be worth now?

5 GREENACRES might now be worth an estimated £716,920.

This is based on house price inflation of 28%, between September 2020 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 5 GREENACRES of £560,000 on 18th September 2020. For the value to have increased from £560,000 to £716,920 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 GREENACRES has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2020 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GREENACRES has not materially changed since September 2020.

How Large is 5 GREENACRES?

5 GREENACRES is 206m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 40% of detached houses houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ponteland, and where 5 GREENACRES lies on this distribution: 65% of detached houses houses are smaller than 5 GREENACRES, and 35% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

5 GREENACRES: Plot and Title Map

5 GREENACRES sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of 5 GREENACRES, 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 GREENACRES). 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 GREENACRES?

5 GREENACRES is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 5 on GREENACRES.