3, REDE PLACE, DINNINGTON, NEWCASTLE UPON TYNE, NE13 7FB - £340,000

3 REDE PLACE is a large detached house of 113m². It was last sold for £340,000 in May 2022, which was about the average May 2022 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

3 REDE PLACE Sold Prices

Land registry data shows two sales for 3 REDE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. One of the two 3 REDE PLACE sales was roughly equal to 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
2022 4 MAY	£340,000	£340,163	Close to HPI
2017 10 NOV	£289,995	£293,948	1% below HPI

3 REDE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two 3 REDE PLACE sales from November 2017 and May 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 November 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 REDE PLACE?

3 REDE PLACE is 113m² according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Dinnington, based on EPC data. The below chart shows the distribution of detached houses by size in Dinnington, and where 3 REDE PLACE lies on this distribution: 63% of detached houses are smaller than 3 REDE PLACE, and 31% of houses are larger. Note that EPC data is not available for all properties in Dinnington.

3 REDE PLACE: Plot and Title Map

3 REDE PLACE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 REDE PLACE, 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 REDE PLACE). 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 REDE PLACE?

3 REDE PLACE is located in DINNINGTON, in the NE13 postcode district. The below map shows the position of No. 3 on REDE PLACE.