16, CORVER WAY, BENTON, NEWCASTLE UPON TYNE, NE12 9TZ - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 CORVER WAY is a very small terraced house of 75m², which could now be worth an estimated £216,068. It was last sold for £165,000 in August 2018, which was around 16% above the average August 2018 terraced price in the North Tyneside local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

16 CORVER WAY Sold Prices

Land registry data shows two sales for 16 CORVER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. Both of the two 16 CORVER WAY 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
2018 6 AUG	£165,000	£141,904	16% above HPI
2015 1 MAY	£147,996	£131,599	12% above HPI

16 CORVER WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Tyneside local authority area over time, sourced from the HPI. The two 16 CORVER WAY sales from May 2015 and August 2018 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 May 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2018 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 16 CORVER WAY be worth now?

16 CORVER WAY might now be worth an estimated £216,068.

This is based on house price inflation of 31%, between August 2018 and July 2025, for terraced 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 31% inflationary increase is applied to the most recent sale price for 16 CORVER WAY of £165,000 on 6th August 2018. For the value to have increased from £165,000 to £216,068 over the seven years and one month to July 2025, the following assumptions must hold true:

• The value of 16 CORVER WAY has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The August 2018 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CORVER WAY has not materially changed since August 2018.

How Large is 16 CORVER WAY?

16 CORVER WAY is 75m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of terraced houses houses in Longbenton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Longbenton, and where 16 CORVER WAY lies on this distribution: 2% of terraced houses houses are smaller than 16 CORVER WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

16 CORVER WAY: Plot and Title Map

16 CORVER WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 16 CORVER WAY, 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 16 CORVER WAY). 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 16 CORVER WAY?

16 CORVER WAY is located in BENTON, in the NE12 postcode district. The below map shows the position of No. 16 on CORVER WAY.