REX BUNGALOW, LITCHFIELD LANE, BLAYDON-ON-TYNE, NE21 5QW - £118,000

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

REX BUNGALOW is a midsized detached house of 108m², built sometime between 1950 and 1966. It was last sold for £118,000 in November 2013, which was around 43% below the average November 2013 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

REX BUNGALOW Sold Prices

Land registry data shows four sales for REX BUNGALOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four REX BUNGALOW 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
2013 25 NOV	£118,000	£205,238	43% below HPI
2013 1 NOV	£127,000	£205,238	38% below HPI
2009 7 SEP	£80,000	£206,138	61% below HPI
2001 18 OCT	£45,000	£99,262	55% below HPI

REX BUNGALOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four REX BUNGALOW sales between October 2001 and November 2013 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 November 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2013 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is REX BUNGALOW?

REX BUNGALOW is 108m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Blaydon, based on EPC data. The below chart shows the distribution of detached houses by size in Blaydon, and where REX BUNGALOW lies on this distribution: 54% of detached houses are smaller than REX BUNGALOW, and 43% of houses are larger. Note that EPC data is not available for all properties in Blaydon.

REX BUNGALOW: Plot and Title Map

REX BUNGALOW sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of REX BUNGALOW, 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 REX BUNGALOW). 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 REX BUNGALOW?

REX BUNGALOW is located on LITCHFIELD LANE in BLAYDON-ON-TYNE, in the NE21 postcode district. The below map shows the position of REX BUNGALOW on LITCHFIELD LANE.