6, GREYSFIELD, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0XG - £351,000

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

6 GREYSFIELD is a midsized detached house of 129m². It was last sold for £351,000 in September 2021, which was around 12% above the average September 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was A.

6 GREYSFIELD Sold Prices

Land registry data shows two sales for 6 GREYSFIELD 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 6 GREYSFIELD 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
2021 29 SEP	£351,000	£313,404	12% above HPI
2020 2 JUN	£324,950	£293,338	11% above HPI

6 GREYSFIELD 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 6 GREYSFIELD sales from June 2020 and September 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 June 2020 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 6 GREYSFIELD?

6 GREYSFIELD is 129m² according to the EPC inspection conducted in May 2020. This puts it in the largest 50% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 6 GREYSFIELD lies on this distribution: 51% of detached houses are smaller than 6 GREYSFIELD, and 47% of houses are larger. Note that EPC data is not available for all properties in Backworth.

6 GREYSFIELD: Plot and Title Map

6 GREYSFIELD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 6 GREYSFIELD, 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 6 GREYSFIELD). 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 6 GREYSFIELD?

6 GREYSFIELD is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 6 on GREYSFIELD.