7, WEST ACRES, DINNINGTON, NEWCASTLE UPON TYNE, NE13 7LZ - £232,000

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 WEST ACRES is a large extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £232,000 in February 2016, which was around 18% below the average February 2016 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

7 WEST ACRES Sold Prices

Land registry data shows three sales for 7 WEST ACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. All of the three 7 WEST ACRES 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
2016 25 FEB	£232,000	£281,636	18% below HPI
2003 16 APR	£175,000	£182,106	4% below HPI
1996 29 OCT	£74,950	£92,037	19% below HPI

7 WEST ACRES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The three 7 WEST ACRES sales between October 1996 and February 2016 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 April 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 WEST ACRES?

7 WEST ACRES is 120m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Dinnington, based on EPC data. The below chart shows the distribution of detached houses by size in Dinnington, and where 7 WEST ACRES lies on this distribution: 78% of detached houses are smaller than 7 WEST ACRES, and 22% of houses are larger. Note that EPC data is not available for all properties in Dinnington.

7 WEST ACRES: Plot and Title Map

7 WEST ACRES sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 7 WEST ACRES, 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 WEST ACRES). 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 WEST ACRES?

7 WEST ACRES is located in DINNINGTON, in the NE13 postcode district. The below map shows the position of No. 7 on WEST ACRES.