31, RUSSELL SQUARE, SEATON BURN, NEWCASTLE UPON TYNE, NE13 6HR - £192,000

31 RUSSELL SQUARE is a very small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £192,000 in November 2014, which was around 24% below the average November 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

31 RUSSELL SQUARE Sold Prices

Land registry data shows three sales for 31 RUSSELL SQUARE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 31 RUSSELL SQUARE sales were 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
2014 4 NOV	£192,000	£251,508	24% below HPI
2002 22 AUG	£95,000	£134,621	29% below HPI
1995 28 NOV	£57,500	£77,828	26% below HPI

31 RUSSELL SQUARE 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 three 31 RUSSELL SQUARE sales between November 1995 and November 2014 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 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 31 RUSSELL SQUARE?

31 RUSSELL SQUARE is 81m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Seaton Burn, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton Burn, and where 31 RUSSELL SQUARE lies on this distribution: 16% of detached houses are smaller than 31 RUSSELL SQUARE, and 78% of houses are larger. Note that EPC data is not available for all properties in Seaton Burn.

31 RUSSELL SQUARE: Plot and Title Map

31 RUSSELL SQUARE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 31 RUSSELL SQUARE, 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 31 RUSSELL SQUARE). 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 31 RUSSELL SQUARE?

31 RUSSELL SQUARE is located in SEATON BURN, in the NE13 postcode district. The below map shows the position of No. 31 on RUSSELL SQUARE.