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 NAPIER WAY is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £352,500 in July 2023, which was around 26% above the average July 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 5 NAPIER WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the five 5 NAPIER WAY 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 |
---|---|---|---|
2023 27 JUL | £352,500 | £279,939 | 26% above HPI |
2021 20 AUG | £260,000 | £252,813 | 3% above HPI |
2002 27 JUN | £163,000 | £111,024 | 47% above HPI |
1999 17 MAY | £103,500 | £78,948 | 31% above HPI |
1997 18 JUN | £90,000 | £74,668 | 21% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The five 5 NAPIER WAY sales between June 1997 and July 2023 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 August 2021 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2023 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.
5 NAPIER WAY is 89m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Blaydon, based on EPC data. The below chart shows the distribution of detached houses by size in Blaydon, and where 5 NAPIER WAY lies on this distribution: 33% of detached houses are smaller than 5 NAPIER WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Blaydon.
5 NAPIER WAY sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 5 NAPIER WAY, 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 NAPIER WAY). 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 NAPIER WAY is located in BLAYDON-ON-TYNE, in the NE21 postcode district. The below map shows the position of No. 5 on NAPIER WAY.