1, CHESMOND DRIVE, BLAYDON-ON-TYNE, NE21 4BL - £192,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CHESMOND DRIVE is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £192,000 in May 2021, which was around 23% below the average May 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

1 CHESMOND DRIVE Sold Prices

Land registry data shows five sales for 1 CHESMOND DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the five 1 CHESMOND DRIVE 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
2021 17 MAY	£192,000	£247,920	23% below HPI
2014 5 MAR	£180,000	£205,077	12% below HPI
2006 30 NOV	£175,000	£214,562	18% below HPI
2005 10 JAN	£124,000	£189,736	35% below HPI
1998 26 JUN	£64,000	£78,040	18% below HPI

1 CHESMOND DRIVE 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 five 1 CHESMOND DRIVE sales between June 1998 and May 2021 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 March 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 CHESMOND DRIVE?

1 CHESMOND DRIVE is 90m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% of detached houses in Blaydon, based on EPC data. The below chart shows the distribution of detached houses by size in Blaydon, and where 1 CHESMOND DRIVE lies on this distribution: 36% of detached houses are smaller than 1 CHESMOND DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Blaydon.

1 CHESMOND DRIVE: Plot and Title Map

1 CHESMOND DRIVE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 1 CHESMOND DRIVE, 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 CHESMOND DRIVE). 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 CHESMOND DRIVE?

1 CHESMOND DRIVE is located in BLAYDON-ON-TYNE, in the NE21 postcode district. The below map shows the position of No. 1 on CHESMOND DRIVE.