1, GILL BURN, ROWLANDS GILL, NE39 2PT - £515,000

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.

1 GILL BURN is a midsized detached house of 122m², built sometime between 1991 and 1995, which could now be worth an estimated £509,504. It was last sold for £515,000 in November 2024, which was around 81% above the average November 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

1 GILL BURN Sold Prices

Land registry data shows three sales for 1 GILL BURN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 1 GILL BURN sales were for above 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
2024 1 NOV	£515,000	£284,037	81% above HPI
2003 18 AUG	£283,000	£155,952	81% above HPI
2000 24 FEB	£136,000	£84,959	60% above HPI

1 GILL BURN 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 three 1 GILL BURN sales between February 2000 and November 2024 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 August 2003 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the November 2024 sale, which was also at 81% above the HPI.

What might 1 GILL BURN be worth now?

1 GILL BURN might now be worth an estimated £509,504.

This is based on house price deflation of 1.1%, between November 2024 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 1.1% deflationary decrease is applied to the most recent sale price for 1 GILL BURN of £515,000 on 1st November 2024. For the value to have decreased from £515,000 to £509,504 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 1 GILL BURN has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The November 2024 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GILL BURN has not materially changed since November 2024.

How Large is 1 GILL BURN?

1 GILL BURN is 122m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 50% of detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowlands Gill, and where 1 GILL BURN lies on this distribution: 42% of detached houses houses are smaller than 1 GILL BURN, and 58% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

1 GILL BURN: Plot and Title Map

1 GILL BURN sits on a plot of roughly 0.356 of an acre, or 1,441m². The below map shows the location of 1 GILL BURN, 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 GILL BURN). 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 GILL BURN?

1 GILL BURN is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 1 on GILL BURN.