50, FENWICK CLOSE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0RL - £230,000

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

50 FENWICK CLOSE is a very small detached house of 110m², built sometime between 2003 and 2006. It was last sold for £230,000 in March 2021, which was around 26% below the average March 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

50 FENWICK CLOSE Sold Prices

Land registry data shows three sales for 50 FENWICK CLOSE 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 50 FENWICK CLOSE sales were for below the average price, whilst one was 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
2021 5 MAR	£230,000	£309,136	26% below HPI
2013 14 AUG	£230,000	£236,641	3% below HPI
2005 26 MAY	£249,950	£221,784	13% above HPI

50 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 three 50 FENWICK CLOSE sales between May 2005 and March 2021 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 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 50 FENWICK CLOSE?

50 FENWICK CLOSE is 110m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 50 FENWICK CLOSE lies on this distribution: 18% of detached houses are smaller than 50 FENWICK CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Backworth.

50 FENWICK CLOSE: Plot and Title Map

50 FENWICK CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 50 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 50 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 50 FENWICK CLOSE?

50 FENWICK CLOSE is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 50 on FENWICK CLOSE.