1, IVY LANE, GATESHEAD, NE9 6QD - £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 IVY LANE is a very large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £425,000 in September 2022, which was around 54% above the average September 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

1 IVY LANE Sold Prices

Land registry data shows three sales for 1 IVY LANE 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 IVY LANE 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
2022 9 SEP	£425,000	£275,193	54% above HPI
2018 23 MAR	£266,500	£228,224	17% above HPI
2007 23 MAR	£285,000	£212,885	34% above HPI

1 IVY LANE 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 IVY LANE sales between March 2007 and September 2022 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 2018 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2022 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 1 IVY LANE?

1 IVY LANE is 166m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 IVY LANE lies on this distribution: 89% of detached houses are smaller than 1 IVY LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

1 IVY LANE: Plot and Title Map

1 IVY LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 1 IVY LANE, 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 IVY LANE). 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 IVY LANE?

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