59, EASTERN WAY, PONTELAND, NEWCASTLE UPON TYNE, NE20 9RE - £750,000

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

59 EASTERN WAY is a large detached house of 236m², built sometime between 1983 and 1990. It was last sold for £750,000 in August 2023, which was around 128% above the average August 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

59 EASTERN WAY Sold Prices

Land registry data shows five sales for 59 EASTERN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 59 EASTERN WAY 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
2023 22 AUG	£750,000	£328,235	128% above HPI
2018 27 SEP	£510,000	£264,749	93% above HPI
2013 25 AUG	£499,950	£228,988	118% above HPI
2006 20 FEB	£475,000	£229,789	107% above HPI
1997 28 FEB	£240,000	£83,993	186% above HPI

59 EASTERN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 59 EASTERN WAY sales between February 1997 and August 2023 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 2018 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the August 2023 sale, where it rises to 128% above the HPI. The line then continues to track at 128% above the HPI.

How Large is 59 EASTERN WAY?

59 EASTERN WAY is 236m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 59 EASTERN WAY lies on this distribution: 74% of detached houses are smaller than 59 EASTERN WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

59 EASTERN WAY: Plot and Title Map

59 EASTERN WAY sits on a plot of roughly 0.294 of an acre, or 1,189m². The below map shows the location of 59 EASTERN WAY, 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 59 EASTERN WAY). 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 59 EASTERN WAY?

59 EASTERN WAY is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 59 on EASTERN WAY.