33, MEGSTONE COURT, NEWCASTLE UPON TYNE, NE12 6SY - £174,000

33 MEGSTONE COURT is a very small extended detached house of 61m², built sometime between 1996 and 2002. It was last sold for £174,000 in February 2021, which was around 45% below the average February 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

33 MEGSTONE COURT Sold Prices

Land registry data shows two sales for 33 MEGSTONE COURT 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. Both of the two 33 MEGSTONE COURT 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
2021 1 FEB	£174,000	£317,779	45% below HPI
2001 21 SEP	£73,500	£106,547	31% below HPI

33 MEGSTONE COURT 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 33 MEGSTONE COURT sales from September 2001 and February 2021 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 September 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 33 MEGSTONE COURT?

33 MEGSTONE COURT is 61m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Killingworth, and where 33 MEGSTONE COURT lies on this distribution: 4% of detached houses are smaller than 33 MEGSTONE COURT, and 96% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

33 MEGSTONE COURT: Plot and Title Map

33 MEGSTONE COURT sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 33 MEGSTONE COURT, 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 33 MEGSTONE COURT). 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 33 MEGSTONE COURT?

33 MEGSTONE COURT is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 33 on MEGSTONE COURT.