7, PRIORY AVENUE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0XL - £510,000

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 PRIORY AVENUE is a very large detached house of 166m². It was last sold for £510,000 in January 2023, which was around 43% above the average January 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

7 PRIORY AVENUE Sold Prices

Land registry data shows two sales for 7 PRIORY AVENUE 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 PRIORY AVENUE 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
2023 13 JAN	£510,000	£356,329	43% above HPI
2019 15 FEB	£384,950	£287,647	34% above HPI

7 PRIORY AVENUE 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 PRIORY AVENUE sales from February 2019 and January 2023 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 February 2019 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 7 PRIORY AVENUE?

7 PRIORY AVENUE is 166m² according to the EPC inspection conducted in February 2019. This puts it in the largest 10% 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 PRIORY AVENUE lies on this distribution: 89% of detached houses are smaller than 7 PRIORY AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Backworth.

7 PRIORY AVENUE: Plot and Title Map

7 PRIORY AVENUE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 7 PRIORY AVENUE, 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 PRIORY AVENUE). 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 PRIORY AVENUE?

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