5, THE COVERS, BENTON, NEWCASTLE UPON TYNE, NE12 9JA - £130,000

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.

5 THE COVERS is a small extended detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £211,529. It was last sold for £130,000 in September 2013, which was around 45% below the average September 2013 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

5 THE COVERS Sold Prices

Land registry data shows three sales for 5 THE COVERS 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. Two of the three 5 THE COVERS sales were for below the average price, whilst one 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
2013 19 SEP	£130,000	£235,034	45% below HPI
2000 21 DEC	£117,000	£95,886	22% above HPI
1999 26 JUL	£77,500	£85,461	9% below HPI

5 THE COVERS 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 5 THE COVERS sales between July 1999 and September 2013 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 2000 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2013 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 THE COVERS be worth now?

5 THE COVERS might now be worth an estimated £211,529.

This is based on house price inflation of 62.7%, between September 2013 and July 2026, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.7% inflationary increase is applied to the most recent sale price for 5 THE COVERS of £130,000 on 19th September 2013. For the value to have increased from £130,000 to £211,529 over the thirteen years and two months to July 2026, the following assumptions must hold true:

• The value of 5 THE COVERS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The September 2013 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE COVERS has not materially changed since September 2013.

How Large is 5 THE COVERS?

5 THE COVERS is 110m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longbenton, and where 5 THE COVERS lies on this distribution: 30% of detached houses houses are smaller than 5 THE COVERS, and 69% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

5 THE COVERS: Plot and Title Map

5 THE COVERS sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 5 THE COVERS, 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 THE COVERS). 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 THE COVERS?

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