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
71 MURRAYFIELDS is a large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £259,950 in October 2020, which was around 15% below the average October 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 71 MURRAYFIELDS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 71 MURRAYFIELDS 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 |
---|---|---|---|
2020 2 OCT | £259,950 | £306,085 | 15% below HPI |
2012 29 OCT | £215,000 | £230,330 | 7% below HPI |
1999 20 DEC | £82,000 | £92,836 | 12% below HPI |
1998 17 JUL | £79,250 | £87,707 | 10% below HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The four 71 MURRAYFIELDS sales between July 1998 and October 2020 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 October 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
71 MURRAYFIELDS is 133m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 71 MURRAYFIELDS lies on this distribution: 74% of detached houses are smaller than 71 MURRAYFIELDS, and 26% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
71 MURRAYFIELDS sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 71 MURRAYFIELDS, 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 71 MURRAYFIELDS). 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.
71 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 71 on MURRAYFIELDS.