GARDEN COTTAGE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0AJ - £450,000

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

GARDEN COTTAGE is a midsized extended detached house of 130m², built sometime before 1900. It was last sold for £450,000 in December 2017, which was around 60% above the average December 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

GARDEN COTTAGE Sold Prices

Land registry data shows three sales for GARDEN COTTAGE 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 GARDEN COTTAGE 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
2017 13 DEC	£450,000	£281,503	60% above HPI
2013 23 SEP	£430,000	£239,043	80% above HPI
2002 22 NOV	£249,950	£146,257	71% above HPI

GARDEN COTTAGE 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 GARDEN COTTAGE sales between November 2002 and December 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 September 2013 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the December 2017 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is GARDEN COTTAGE?

GARDEN COTTAGE is 130m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses in Backworth, based on EPC data. The below chart shows the distribution of detached houses by size in Backworth, and where GARDEN COTTAGE lies on this distribution: 53% of detached houses are smaller than GARDEN COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Backworth.

GARDEN COTTAGE: Plot and Title Map

GARDEN COTTAGE sits on a plot of roughly 0.402 of an acre, or 1,627m². The below map shows the location of GARDEN COTTAGE, 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 GARDEN COTTAGE). 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 GARDEN COTTAGE?

GARDEN COTTAGE is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of GARDEN COTTAGE in BACKWORTH.