55, FULMAR DRIVE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0GU - £352,500

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.

55 FULMAR DRIVE is a small detached house of 117m², which could now be worth an estimated £379,218. It was last sold for £352,500 in September 2022, which was around 2% above the average September 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

55 FULMAR DRIVE Sold Prices

Land registry data shows two sales for 55 FULMAR DRIVE since 1^st 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 55 FULMAR 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
2022 30 SEP	£352,500	£346,383	2% above HPI
2017 15 DEC	£282,000	£276,782	2% above HPI

55 FULMAR DRIVE 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 two 55 FULMAR DRIVE sales from December 2017 and September 2022 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 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2022 sale, which was also at 2% above the HPI.

What might 55 FULMAR DRIVE be worth now?

55 FULMAR DRIVE might now be worth an estimated £379,218.

This is based on house price inflation of 7.6%, between September 2022 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.6% inflationary increase is applied to the most recent sale price for 55 FULMAR DRIVE of £352,500 on 30th September 2022. For the value to have increased from £352,500 to £379,218 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 55 FULMAR DRIVE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The September 2022 sale price of £352,500 represented a fair market value for the property.
• The size, condition, and specification of 55 FULMAR DRIVE has not materially changed since September 2022.

How Large is 55 FULMAR DRIVE?

55 FULMAR DRIVE is 117m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of detached houses houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Backworth, and where 55 FULMAR DRIVE lies on this distribution: 25% of detached houses houses are smaller than 55 FULMAR DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Backworth.

55 FULMAR DRIVE: Plot and Title Map

55 FULMAR DRIVE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 55 FULMAR 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 55 FULMAR 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.

Where is 55 FULMAR DRIVE?

55 FULMAR DRIVE is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 55 on FULMAR DRIVE.