55, RICHARDSON GARDENS, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0FH - £229,000

55 RICHARDSON GARDENS is a very small detached house of 88m². It was last sold for £229,000 in October 2018, which was around 21% below the average October 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was A.

55 RICHARDSON GARDENS Sold Prices

Land registry data shows two sales for 55 RICHARDSON GARDENS 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 55 RICHARDSON GARDENS 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
2018 24 OCT	£229,000	£289,110	21% below HPI
2016 16 MAY	£226,795	£266,692	15% below HPI

55 RICHARDSON GARDENS 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 55 RICHARDSON GARDENS sales from May 2016 and October 2018 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 May 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 55 RICHARDSON GARDENS?

55 RICHARDSON GARDENS is 88m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Shiremoor, based on EPC data. The below chart shows the distribution of detached houses by size in Shiremoor, and where 55 RICHARDSON GARDENS lies on this distribution: 18% of detached houses are smaller than 55 RICHARDSON GARDENS, and 74% of houses are larger. Note that EPC data is not available for all properties in Shiremoor.

55 RICHARDSON GARDENS: Plot and Title Map

55 RICHARDSON GARDENS sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 55 RICHARDSON GARDENS, 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 55 RICHARDSON GARDENS). 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 55 RICHARDSON GARDENS?

55 RICHARDSON GARDENS is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 55 on RICHARDSON GARDENS.