73, MURRAYFIELDS, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0RF - £262,000

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

73 MURRAYFIELDS is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £262,000 in March 2023, which was around 27% below the average March 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

73 MURRAYFIELDS Sold Prices

Land registry data shows two sales for 73 MURRAYFIELDS 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 73 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
2023 24 MAR	£262,000	£357,195	27% below HPI
2018 11 JUN	£180,000	£282,443	36% below HPI

73 MURRAYFIELDS 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 73 MURRAYFIELDS sales from June 2018 and March 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 June 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 73 MURRAYFIELDS?

73 MURRAYFIELDS is 79m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 73 MURRAYFIELDS lies on this distribution: 11% of detached houses are smaller than 73 MURRAYFIELDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

73 MURRAYFIELDS: Plot and Title Map

73 MURRAYFIELDS sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 73 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 73 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.

Where is 73 MURRAYFIELDS?

73 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 73 on MURRAYFIELDS.