2, ALGERNON DRIVE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0RN - £195,000

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.

2 ALGERNON DRIVE is a very large semi-detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £344,739. It was last sold for £195,000 in December 2004, which was around 51% above the average December 2004 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

2 ALGERNON DRIVE Sold Prices

Land registry data shows one sale for 2 ALGERNON DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 23 DEC	£195,000	£128,965	51% above HPI

What might 2 ALGERNON DRIVE be worth now?

2 ALGERNON DRIVE might now be worth an estimated £344,739.

This is based on house price inflation of 76.8%, between December 2004 and May 2026, for semi-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 76.8% inflationary increase is applied to the most recent sale price for 2 ALGERNON DRIVE of £195,000 on 23rd December 2004. For the value to have increased from £195,000 to £344,739 over the 22 years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 ALGERNON DRIVE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The December 2004 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALGERNON DRIVE has not materially changed since December 2004.

How Large is 2 ALGERNON DRIVE?

2 ALGERNON DRIVE is 117m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of semi-detached houses in Backworth, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Backworth, and where 2 ALGERNON DRIVE lies on this distribution: 84% of semi-detached houses are smaller than 2 ALGERNON DRIVE, and 16% of semi-detached houses are larger. Note that EPC data is not available for all properties in Backworth.

2 ALGERNON DRIVE: Plot

2 ALGERNON DRIVE sits on a plot of roughly 0.053 of an acre, or 216m².

Where is 2 ALGERNON DRIVE?

2 ALGERNON DRIVE is located in BACKWORTH, in the NE27 postcode district.