7, REDFORD PLACE, BURRADON, CRAMLINGTON, NE23 7LG - £155,000

7 REDFORD PLACE is a small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £155,000 in August 2018, which was around 45% below the average August 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

7 REDFORD PLACE Sold Prices

Land registry data shows three sales for 7 REDFORD PLACE 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. All of the three 7 REDFORD PLACE 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 3 AUG	£155,000	£284,227	45% below HPI
2009 22 MAY	£140,000	£219,169	36% below HPI
1998 12 JUN	£56,500	£89,002	37% below HPI

7 REDFORD PLACE 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 7 REDFORD PLACE sales between June 1998 and August 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 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 REDFORD PLACE?

7 REDFORD PLACE is 91m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Killingworth, and where 7 REDFORD PLACE lies on this distribution: 39% of detached houses are smaller than 7 REDFORD PLACE, and 60% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

7 REDFORD PLACE: Plot and Title Map

7 REDFORD PLACE sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 7 REDFORD PLACE, 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 7 REDFORD PLACE). 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 7 REDFORD PLACE?

7 REDFORD PLACE is located in BURRADON, in the NE23 postcode district. The below map shows the position of No. 7 on REDFORD PLACE.