7, MULBERRY GROVE, HOBSON, NEWCASTLE UPON TYNE, NE16 6ET - £162,500

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

7 MULBERRY GROVE is a midsized detached house of 84m², built sometime between 1996 and 2002. It was last sold for £162,500 in August 2015, which was around 1% above the average August 2015 detached price in the County Durham local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

7 MULBERRY GROVE Sold Prices

Land registry data shows four sales for 7 MULBERRY GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 7 MULBERRY GROVE 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
2015 7 AUG	£162,500	£161,618	1% above HPI
2003 10 JAN	£123,000	£103,272	19% above HPI
2001 14 DEC	£109,950	£86,165	28% above HPI
2000 21 AUG	£89,000	£82,814	7% above HPI

7 MULBERRY GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 7 MULBERRY GROVE sales between August 2000 and August 2015 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 January 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 MULBERRY GROVE?

7 MULBERRY GROVE is 84m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 50% of detached houses in Hobson, based on EPC data. The below chart shows the distribution of detached houses by size in Hobson, and where 7 MULBERRY GROVE lies on this distribution: 44% of detached houses are smaller than 7 MULBERRY GROVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hobson.

7 MULBERRY GROVE: Plot and Title Map

7 MULBERRY GROVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 7 MULBERRY GROVE, 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 MULBERRY GROVE). 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 MULBERRY GROVE?

7 MULBERRY GROVE is located in HOBSON, in the NE16 postcode district. The below map shows the position of No. 7 on MULBERRY GROVE.