5, CORVER WAY, BENTON, NEWCASTLE UPON TYNE, NE12 9TZ - £327,000

5 CORVER WAY is a midsized detached house of 122m². It was last sold for £327,000 in June 2021, which was about the average June 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

5 CORVER WAY Sold Prices

Land registry data shows two sales for 5 CORVER WAY 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. One of the two 5 CORVER WAY sales was roughly equal to the average price, whilst the other was 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
2021 11 JUN	£327,000	£328,060	Close to HPI
2014 12 DEC	£309,995	£252,275	23% above HPI

5 CORVER WAY 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 5 CORVER WAY sales from December 2014 and June 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 December 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 CORVER WAY?

5 CORVER WAY is 122m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 5 CORVER WAY lies on this distribution: 52% of detached houses are smaller than 5 CORVER WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

5 CORVER WAY: Plot and Title Map

5 CORVER WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 CORVER 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 5 CORVER 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 5 CORVER WAY?

5 CORVER WAY is located in BENTON, in the NE12 postcode district. The below map shows the position of No. 5 on CORVER WAY.