DUNELM, CHESTERS AVENUE, NEWCASTLE UPON TYNE, NE12 8TY - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

DUNELM is a large extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £257,284. It was last sold for £190,000 in October 2017, which was around 31% below the average October 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

DUNELM Sold Prices

Land registry data shows three sales for DUNELM 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 DUNELM 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
2017 23 OCT	£190,000	£273,692	31% below HPI
2007 23 MAR	£152,000	£236,037	36% below HPI
1997 28 JUL	£47,500	£82,057	42% below HPI

DUNELM 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 DUNELM sales between July 1997 and October 2017 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 March 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might DUNELM be worth now?

DUNELM might now be worth an estimated £257,284.

This is based on house price inflation of 35.4%, between October 2017 and December 2024, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.4% inflationary increase is applied to the most recent sale price for DUNELM of £190,000 on 23rd October 2017. For the value to have increased from £190,000 to £257,284 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of DUNELM has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of DUNELM has not materially changed since October 2017.

How Large is DUNELM?

DUNELM is 134m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 30% of detached houses houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longbenton, and where DUNELM lies on this distribution: 70% of detached houses houses are smaller than DUNELM, and 27% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

DUNELM: Plot and Title Map

DUNELM sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of DUNELM, 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 DUNELM). 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 DUNELM?

DUNELM is located on CHESTERS AVENUE in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of DUNELM on CHESTERS AVENUE.