2, MEAD CRESCENT, NEWCASTLE UPON TYNE, NE12 9RP - £249,000

2 MEAD CRESCENT is a very small semi-detached house of 53m², built sometime between 1950 and 1966. It was last sold for £249,000 in May 2010, which was around 7% above the average May 2010 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

2 MEAD CRESCENT Sold Prices

Land registry data shows two sales for 2 MEAD CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. One of the two 2 MEAD CRESCENT sales was for above the average price, whilst the other was 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
2010 12 MAY	£249,000	£233,260	7% above HPI
1998 16 NOV	£58,000	£87,628	34% below HPI

2 MEAD CRESCENT 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 two 2 MEAD CRESCENT sales from November 1998 and May 2010 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 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2010 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 MEAD CRESCENT?

2 MEAD CRESCENT is 53m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 2 MEAD CRESCENT lies on this distribution: Less than 1% of detached houses are smaller than 2 MEAD CRESCENT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

2 MEAD CRESCENT: Plot and Title Map

2 MEAD CRESCENT sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 MEAD CRESCENT, 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 2 MEAD CRESCENT). 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 2 MEAD CRESCENT?

2 MEAD CRESCENT is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 2 on MEAD CRESCENT.