55, MURRAYFIELDS, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0RD - £281,000

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

55 MURRAYFIELDS is a midsized detached house of 106m², built sometime between 1996 and 2002. It was last sold for £281,000 in October 2022, which was around 21% below the average October 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

55 MURRAYFIELDS Sold Prices

Land registry data shows four sales for 55 MURRAYFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Most of the four 55 MURRAYFIELDS sales were for below 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 28 OCT	£281,000	£355,843	21% below HPI
2014 7 MAR	£188,000	£243,487	23% below HPI
2006 30 JUN	£222,000	£232,414	4% below HPI
1999 29 JUL	£94,950	£86,919	9% above HPI

55 MURRAYFIELDS 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 four 55 MURRAYFIELDS sales between July 1999 and October 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 March 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 55 MURRAYFIELDS?

55 MURRAYFIELDS is 106m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 55 MURRAYFIELDS lies on this distribution: 44% of detached houses are smaller than 55 MURRAYFIELDS, and 55% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

55 MURRAYFIELDS: Plot and Title Map

55 MURRAYFIELDS sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 55 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 55 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.

Where is 55 MURRAYFIELDS?

55 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 55 on MURRAYFIELDS.