1, GREENACRE PARK, GATESHEAD, NE9 6HF - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GREENACRE PARK is a very large detached house of 152m², built sometime between 1967 and 1975. It was last sold for £425,000 in June 2015, which was around 104% above the average June 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.

1 GREENACRE PARK Sold Prices

Land registry data shows two sales for 1 GREENACRE PARK 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 GREENACRE PARK 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
2015 19 JUN	£425,000	£208,790	104% above HPI
2009 30 MAR	£232,000	£194,966	19% above HPI

1 GREENACRE PARK 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 GREENACRE PARK sales from March 2009 and June 2015 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 2009 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2015 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

How Large is 1 GREENACRE PARK?

1 GREENACRE PARK is 152m² according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 1 GREENACRE PARK lies on this distribution: 86% of detached houses are smaller than 1 GREENACRE PARK, and 14% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

1 GREENACRE PARK: Plot and Title Map

1 GREENACRE PARK sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 GREENACRE PARK, 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 GREENACRE PARK). 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 GREENACRE PARK?

1 GREENACRE PARK is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 1 on GREENACRE PARK.