1, GILL BURN, ROWLANDS GILL, NE39 2PT - £283,000

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 GILL BURN is a midsized detached house of 122m², built sometime between 1991 and 1995. It was last sold for £283,000 in August 2003, which was around 80% above the average August 2003 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 two sales for 1 GILL BURN 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 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
2003 18 AUG	£283,000	£157,008	80% above HPI
2000 24 FEB	£136,000	£85,535	59% 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 two 1 GILL BURN sales from February 2000 and August 2003 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 February 2000 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the August 2003 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

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 in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses by size in Rowlands Gill, and where 1 GILL BURN lies on this distribution: 43% of detached houses are smaller than 1 GILL BURN, and 57% 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.