3, GROVE TERRACE, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6NP - £376,520

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.

3 GROVE TERRACE is a very large terraced house of 203m², built sometime between 1900 and 1929, which could now be worth an estimated £390,665. It was last sold for £376,520 in November 2022, which was around 253% above the average November 2022 terraced price in the County Durham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

3 GROVE TERRACE Sold Prices

Land registry data shows three sales for 3 GROVE TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 3 GROVE TERRACE 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
2022 18 NOV	£376,520	£106,607	253% above HPI
2001 8 AUG	£82,500	£35,610	132% above HPI
1995 27 OCT	£60,000	£29,295	105% above HPI

3 GROVE TERRACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The three 3 GROVE TERRACE sales between October 1995 and November 2022 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 August 2001 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the November 2022 sale, where it rises to 253% above the HPI. The line then continues to track at 253% above the HPI.

What might 3 GROVE TERRACE be worth now?

3 GROVE TERRACE might now be worth an estimated £390,665.

This is based on house price inflation of 3.8%, between November 2022 and June 2025, for terraced houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 3 GROVE TERRACE of £376,520 on 18th November 2022. For the value to have increased from £376,520 to £390,665 over the three years and five months to June 2025, the following assumptions must hold true:

• The value of 3 GROVE TERRACE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The November 2022 sale price of £376,520 represented a fair market value for the property.
• The size, condition, and specification of 3 GROVE TERRACE has not materially changed since November 2022.

How Large is 3 GROVE TERRACE?

3 GROVE TERRACE is 203m² according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of terraced houses houses in Burnopfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Burnopfield, and where 3 GROVE TERRACE lies on this distribution: 92% of terraced houses houses are smaller than 3 GROVE TERRACE, and 7% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

3 GROVE TERRACE: Plot and Title Map

3 GROVE TERRACE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 3 GROVE TERRACE, 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 3 GROVE TERRACE). 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 3 GROVE TERRACE?

3 GROVE TERRACE is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 3 on GROVE TERRACE.