24, CASTLE WAY, DINNINGTON, NEWCASTLE UPON TYNE, NE13 7LS - £250,000

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.

24 CASTLE WAY is a midsized extended terraced house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £316,306. It was last sold for £250,000 in August 2019, which was around 59% above the average August 2019 terraced price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

24 CASTLE WAY Sold Prices

Land registry data shows four sales for 24 CASTLE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Newcastle upon Tyne local authority area for the corresponding sale date. All of the four 24 CASTLE 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
2019 28 AUG	£250,000	£157,172	59% above HPI
2004 25 JUN	£187,500	£120,537	56% above HPI
2003 2 SEP	£113,500	£102,865	10% above HPI
1999 14 DEC	£67,000	£53,491	25% above HPI

24 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 four 24 CASTLE WAY sales between December 1999 and August 2019 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 June 2004 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 24 CASTLE WAY be worth now?

24 CASTLE WAY might now be worth an estimated £316,306.

This is based on house price inflation of 26.5%, between August 2019 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 26.5% inflationary increase is applied to the most recent sale price for 24 CASTLE WAY of £250,000 on 28th August 2019. For the value to have increased from £250,000 to £316,306 over the six years and two months to June 2025, the following assumptions must hold true:

• The value of 24 CASTLE WAY has moved in line with the HPI for terraced houses in the Newcastle upon Tyne local authority area.
• The August 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CASTLE WAY has not materially changed since August 2019.

How Large is 24 CASTLE WAY?

24 CASTLE WAY is 104m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% 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 24 CASTLE WAY lies on this distribution: 46% of terraced houses houses are smaller than 24 CASTLE WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Dinnington.

24 CASTLE WAY: Plot and Title Map

24 CASTLE WAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 24 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 24 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 24 CASTLE WAY?

24 CASTLE WAY is located in DINNINGTON, in the NE13 postcode district. The below map shows the position of No. 24 on CASTLE WAY.