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
65 MURRAYFIELDS is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £185,000 in May 2017, which was around 31% below the average May 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 65 MURRAYFIELDS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. The five 65 MURRAYFIELDS sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2017 31 MAY | £185,000 | £269,444 | 31% below HPI |
2016 25 NOV | £195,000 | £272,992 | 29% below HPI |
2006 19 OCT | £195,000 | £241,538 | 19% below HPI |
2004 4 FEB | £176,000 | £185,679 | 5% below HPI |
2000 28 JAN | £92,500 | £92,643 | Close to HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The five 65 MURRAYFIELDS sales between January 2000 and May 2017 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 November 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
65 MURRAYFIELDS is 91m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 65 MURRAYFIELDS lies on this distribution: 28% of detached houses are smaller than 65 MURRAYFIELDS, and 71% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
65 MURRAYFIELDS sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 65 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 65 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.
65 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 65 on MURRAYFIELDS.