7, HOTSPUR NORTH, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0GN - £240,000

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

7 HOTSPUR NORTH is a very small detached house of 103m². It was last sold for £240,000 in January 2019, which was around 17% below the average January 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.

7 HOTSPUR NORTH Sold Prices

Land registry data shows two sales for 7 HOTSPUR NORTH 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 7 HOTSPUR NORTH 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
2019 3 JAN	£240,000	£289,468	17% below HPI
2016 24 JUN	£254,950	£266,170	4% below HPI

7 HOTSPUR NORTH 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 7 HOTSPUR NORTH sales from June 2016 and January 2019 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 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 HOTSPUR NORTH?

7 HOTSPUR NORTH is 103m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where 7 HOTSPUR NORTH lies on this distribution: 11% of detached houses are smaller than 7 HOTSPUR NORTH, and 85% of houses are larger. Note that EPC data is not available for all properties in Backworth.

7 HOTSPUR NORTH: Plot and Title Map

7 HOTSPUR NORTH sits on a plot of roughly 11.9 acres, or 48,227m². The below map shows the location of 7 HOTSPUR NORTH, 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 7 HOTSPUR NORTH). 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 7 HOTSPUR NORTH?

7 HOTSPUR NORTH is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 7 on HOTSPUR NORTH.