1, ORCHARD CLOSE, SUNNISIDE, NEWCASTLE UPON TYNE, NE16 5NB - £228,000

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 ORCHARD CLOSE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £228,000 in August 2014, which was around 5% above the average August 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

1 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 1 ORCHARD CLOSE 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 ORCHARD CLOSE 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
2014 15 AUG	£228,000	£216,768	5% above HPI
1998 14 AUG	£89,950	£78,203	15% above HPI

1 ORCHARD CLOSE 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 ORCHARD CLOSE sales from August 1998 and August 2014 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 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2014 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is 75m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Sunniside, based on EPC data. The below chart shows the distribution of detached houses by size in Sunniside, and where 1 ORCHARD CLOSE lies on this distribution: 11% of detached houses are smaller than 1 ORCHARD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sunniside.

1 ORCHARD CLOSE: Plot and Title Map

1 ORCHARD CLOSE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 1 ORCHARD CLOSE, 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 ORCHARD CLOSE). 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 ORCHARD CLOSE?

1 ORCHARD CLOSE is located in SUNNISIDE, in the NE16 postcode district. The below map shows the position of No. 1 on ORCHARD CLOSE.