1, ASHTREE AVENUE, HIGH SPEN, ROWLANDS GILL, NE39 2FE - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ASHTREE AVENUE is a large extended detached house of 114m², built sometime between 2007 and 2011, which could now be worth an estimated £275,088. It was last sold for £270,000 in December 2023, which was around 2% below the average December 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

1 ASHTREE AVENUE Sold Prices

Land registry data shows two sales for 1 ASHTREE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 1 ASHTREE AVENUE 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
2023 12 DEC	£270,000	£275,809	2% below HPI
2021 17 DEC	£247,995	£252,336	2% below HPI

1 ASHTREE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 1 ASHTREE AVENUE sales from December 2021 and December 2023 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 2021 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2023 sale, which was also at 2% below the HPI.

What might 1 ASHTREE AVENUE be worth now?

1 ASHTREE AVENUE might now be worth an estimated £275,088.

This is based on house price inflation of 1.9%, between December 2023 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% inflationary increase is applied to the most recent sale price for 1 ASHTREE AVENUE of £270,000 on 12th December 2023. For the value to have increased from £270,000 to £275,088 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 ASHTREE AVENUE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The December 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ASHTREE AVENUE has not materially changed since December 2023.

How Large is 1 ASHTREE AVENUE?

1 ASHTREE AVENUE is 114m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses houses in High Spen, based on EPC data. The below chart shows the distribution of detached houses houses by size in High Spen, and where 1 ASHTREE AVENUE lies on this distribution: 63% of detached houses houses are smaller than 1 ASHTREE AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in High Spen.

1 ASHTREE AVENUE: Plot and Title Map

1 ASHTREE AVENUE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 ASHTREE AVENUE, 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 1 ASHTREE AVENUE). 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 1 ASHTREE AVENUE?

1 ASHTREE AVENUE is located in HIGH SPEN, in the NE39 postcode district. The below map shows the position of No. 1 on ASHTREE AVENUE.