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
50 FAIRFIELD DRIVE is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £248,000 in July 2011, which was around 7% above the average July 2011 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 50 FAIRFIELD DRIVE 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 50 FAIRFIELD DRIVE 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 |
---|---|---|---|
2011 11 JUL | £248,000 | £231,747 | 7% above HPI |
1995 13 JAN | £79,000 | £78,247 | 1% 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 50 FAIRFIELD DRIVE sales from January 1995 and July 2011 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 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2011 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
50 FAIRFIELD DRIVE is 74m², which includes one extension, according to the EPC inspection conducted in April 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 50 FAIRFIELD DRIVE lies on this distribution: 8% of detached houses are smaller than 50 FAIRFIELD DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
50 FAIRFIELD DRIVE sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 50 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 50 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.
50 FAIRFIELD DRIVE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 50 on FAIRFIELD DRIVE.