71, THE MEADOWS, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6QW - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

71 THE MEADOWS is a midsized detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £326,927. It was last sold for £235,000 in March 2020, which was around 38% above the average March 2020 detached price in the County Durham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

71 THE MEADOWS Sold Prices

Land registry data shows five sales for 71 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 71 THE MEADOWS 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
2020 4 MAR	£235,000	£169,758	38% above HPI
2015 30 OCT	£224,950	£165,578	36% above HPI
2002 15 NOV	£157,000	£103,128	52% above HPI
2002 16 AUG	£135,000	£97,638	38% above HPI
2000 2 MAR	£99,500	£80,153	24% above HPI

71 THE MEADOWS 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 five 71 THE MEADOWS sales between March 2000 and March 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 2015 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 71 THE MEADOWS be worth now?

71 THE MEADOWS might now be worth an estimated £326,927.

This is based on house price inflation of 39.1%, between March 2020 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.1% inflationary increase is applied to the most recent sale price for 71 THE MEADOWS of £235,000 on 4th March 2020. For the value to have increased from £235,000 to £326,927 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 71 THE MEADOWS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 71 THE MEADOWS has not materially changed since March 2020.

How Large is 71 THE MEADOWS?

71 THE MEADOWS is 110m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses houses in Pickering Nook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pickering Nook, and where 71 THE MEADOWS lies on this distribution: 59% of detached houses houses are smaller than 71 THE MEADOWS, and 41% of houses are larger. Note that EPC data is not available for all properties in Pickering Nook.

71 THE MEADOWS: Plot and Title Map

71 THE MEADOWS sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 71 THE MEADOWS, 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 THE MEADOWS). 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 71 THE MEADOWS?

71 THE MEADOWS is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 71 on THE MEADOWS.