8, BURNBANK, SEATON BURN, NEWCASTLE UPON TYNE, NE13 6DY - £160,000

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

8 BURNBANK is a midsized detached house of 98m², built sometime between 1983 and 1990. It was last sold for £160,000 in April 2019, which was around 42% below the average April 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

8 BURNBANK Sold Prices

Land registry data shows three sales for 8 BURNBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 8 BURNBANK 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
2019 26 APR	£160,000	£277,591	42% below HPI
2002 5 APR	£90,000	£118,936	24% below HPI
2000 7 APR	£84,950	£92,686	8% below HPI

8 BURNBANK 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 three 8 BURNBANK sales between April 2000 and April 2019 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 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 BURNBANK?

8 BURNBANK is 98m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Seaton Burn, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton Burn, and where 8 BURNBANK lies on this distribution: 47% of detached houses are smaller than 8 BURNBANK, and 53% of houses are larger. Note that EPC data is not available for all properties in Seaton Burn.

8 BURNBANK: Plot and Title Map

8 BURNBANK sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 8 BURNBANK, 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 8 BURNBANK). 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 8 BURNBANK?

8 BURNBANK is located in SEATON BURN, in the NE13 postcode district. The below map shows the position of No. 8 on BURNBANK.