78, MURRAYFIELDS, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0RF - £235,000

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

78 MURRAYFIELDS is a large extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £235,000 in June 2016, which was around 12% below the average June 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

78 MURRAYFIELDS Sold Prices

Land registry data shows two sales for 78 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. One of the two 78 MURRAYFIELDS sales was for below the average price, whilst the other was 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
2016 16 JUN	£235,000	£266,170	12% below HPI
1998 15 JUL	£98,000	£87,707	12% above HPI

78 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 78 MURRAYFIELDS sales from July 1998 and June 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 July 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 78 MURRAYFIELDS?

78 MURRAYFIELDS is 126m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 40% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 78 MURRAYFIELDS lies on this distribution: 65% of detached houses are smaller than 78 MURRAYFIELDS, and 34% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

78 MURRAYFIELDS: Plot and Title Map

78 MURRAYFIELDS sits on a plot of roughly 293.6 acres, or 1,188,029m². The below map shows the location of 78 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 78 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 78 MURRAYFIELDS?

78 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 78 on MURRAYFIELDS.