18, CASTLE WAY, DINNINGTON, NEWCASTLE UPON TYNE, NE13 7LS - £162,500

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.

18 CASTLE WAY is a very small terraced house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £195,246. It was last sold for £162,500 in March 2021, which was around 2% below the average March 2021 terraced price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

18 CASTLE WAY Sold Prices

Land registry data shows two sales for 18 CASTLE 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 Newcastle upon Tyne local authority area for the corresponding sale date. One of the two 18 CASTLE WAY sales was for below the average price, whilst the other 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
2021 12 MAR	£162,500	£165,506	2% below HPI
1995 13 SEP	£59,000	£44,109	34% above HPI

18 CASTLE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two 18 CASTLE WAY sales from September 1995 and March 2021 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 1995 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 18 CASTLE WAY be worth now?

18 CASTLE WAY might now be worth an estimated £195,246.

This is based on house price inflation of 20.2%, between March 2021 and June 2025, for terraced houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 18 CASTLE WAY of £162,500 on 12th March 2021. For the value to have increased from £162,500 to £195,246 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 18 CASTLE WAY has moved in line with the HPI for terraced houses in the Newcastle upon Tyne local authority area.
• The March 2021 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 18 CASTLE WAY has not materially changed since March 2021.

How Large is 18 CASTLE WAY?

18 CASTLE WAY is 59m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of terraced houses houses in Dinnington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dinnington, and where 18 CASTLE WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 18 CASTLE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Dinnington.

18 CASTLE WAY: Plot and Title Map

18 CASTLE WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 18 CASTLE 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 18 CASTLE 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 18 CASTLE WAY?

18 CASTLE WAY is located in DINNINGTON, in the NE13 postcode district. The below map shows the position of No. 18 on CASTLE WAY.