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
51 MURRAYFIELDS is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £260,000 in February 2021, which was around 15% below the average February 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 51 MURRAYFIELDS 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. One of the two 51 MURRAYFIELDS sales was for below the average price, whilst the other 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 22 FEB | £260,000 | £306,608 | 15% below HPI |
1999 27 SEP | £106,950 | £92,194 | 16% 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 51 MURRAYFIELDS sales from September 1999 and February 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 September 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
51 MURRAYFIELDS is 117m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 51 MURRAYFIELDS lies on this distribution: 53% of detached houses are smaller than 51 MURRAYFIELDS, and 46% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
51 MURRAYFIELDS sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 51 MURRAYFIELDS, 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 51 MURRAYFIELDS). 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.
51 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 51 on MURRAYFIELDS.