5, THE OVAL, BENTON, NEWCASTLE UPON TYNE, NE12 9PP - £475,000

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 OVAL is a very large extended detached house of 187m², built sometime between 1950 and 1966, which could now be worth an estimated £765,811. It was last sold for £475,000 in June 2010, which was around 107% above the average June 2010 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

5 THE OVAL Sold Prices

Land registry data shows two sales for 5 THE OVAL 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 5 THE OVAL sales were 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
2010 18 JUN	£475,000	£229,579	107% above HPI
1997 27 FEB	£109,000	£76,879	42% above HPI

5 THE OVAL 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 THE OVAL sales from February 1997 and June 2010 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 February 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2010 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 5 THE OVAL be worth now?

5 THE OVAL might now be worth an estimated £765,811.

This is based on house price inflation of 61.2%, between June 2010 and April 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 61.2% inflationary increase is applied to the most recent sale price for 5 THE OVAL of £475,000 on 18th June 2010. For the value to have increased from £475,000 to £765,811 over the sixteen years and two months to April 2026, the following assumptions must hold true:

• The value of 5 THE OVAL has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2010 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE OVAL has not materially changed since June 2010.

How Large is 5 THE OVAL?

5 THE OVAL is 187m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 10% 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 OVAL lies on this distribution: 94% of detached houses houses are smaller than 5 THE OVAL, and 6% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

5 THE OVAL: Plot and Title Map

5 THE OVAL sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 5 THE OVAL, 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 OVAL). 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 OVAL?

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