68, MELNESS ROAD, HAZLERIGG, NEWCASTLE UPON TYNE, NE13 7BL - £220,000

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.

68 MELNESS ROAD is a very small extended detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £334,439. It was last sold for £220,000 in July 2014, which was around 10% below the average July 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

68 MELNESS ROAD Sold Prices

Land registry data shows three sales for 68 MELNESS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 68 MELNESS ROAD 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
2014 15 JUL	£220,000	£245,127	10% below HPI
2006 10 NOV	£220,000	£236,490	7% below HPI
2005 30 SEP	£147,500	£224,721	34% below HPI

68 MELNESS ROAD 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 three 68 MELNESS ROAD sales between September 2005 and July 2014 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 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 68 MELNESS ROAD be worth now?

68 MELNESS ROAD might now be worth an estimated £334,439.

This is based on house price inflation of 52%, between July 2014 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 52% inflationary increase is applied to the most recent sale price for 68 MELNESS ROAD of £220,000 on 15th July 2014. For the value to have increased from £220,000 to £334,439 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 68 MELNESS ROAD has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 68 MELNESS ROAD has not materially changed since July 2014.

How Large is 68 MELNESS ROAD?

68 MELNESS ROAD is 101m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses houses in Hazlerigg, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hazlerigg, and where 68 MELNESS ROAD lies on this distribution: 19% of detached houses houses are smaller than 68 MELNESS ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Hazlerigg.

68 MELNESS ROAD: Plot and Title Map

68 MELNESS ROAD sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 68 MELNESS ROAD, 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 68 MELNESS ROAD). 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 68 MELNESS ROAD?

68 MELNESS ROAD is located in HAZLERIGG, in the NE13 postcode district. The below map shows the position of No. 68 on MELNESS ROAD.