1, VILLAGE FARM, WALBOTTLE, NEWCASTLE UPON TYNE, NE15 8JW - £190,000

1 VILLAGE FARM is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £190,000 in August 2003, which was around 6% below the average August 2003 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

1 VILLAGE FARM Sold Prices

Land registry data shows three sales for 1 VILLAGE FARM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. Two of the three 1 VILLAGE FARM sales were for below the average price, whilst one 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
2003 28 AUG	£190,000	£202,840	6% below HPI
2002 1 FEB	£145,000	£147,906	2% below HPI
2000 21 MAR	£119,950	£114,317	5% above HPI

1 VILLAGE FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The three 1 VILLAGE FARM sales between March 2000 and August 2003 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 February 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2003 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 VILLAGE FARM?

1 VILLAGE FARM is 90m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses in Walbottle, based on EPC data. The below chart shows the distribution of detached houses by size in Walbottle, and where 1 VILLAGE FARM lies on this distribution: 6% of detached houses are smaller than 1 VILLAGE FARM, and 94% of houses are larger. Note that EPC data is not available for all properties in Walbottle.

1 VILLAGE FARM: Plot and Title Map

1 VILLAGE FARM sits on a plot of roughly 1.9 acres, or 7,558m². The below map shows the location of 1 VILLAGE FARM, 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 1 VILLAGE FARM). 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 1 VILLAGE FARM?

1 VILLAGE FARM is located in WALBOTTLE, in the NE15 postcode district. The below map shows the position of No. 1 on VILLAGE FARM.