1, THE GRANARIES, HIGH SPEN, ROWLANDS GILL, NE39 2DR - £290,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 THE GRANARIES is a large extended detached house of 144m², built sometime between 1996 and 2002. It was last sold for £290,000 in June 2016, which was around 29% above the average June 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

1 THE GRANARIES Sold Prices

Land registry data shows two sales for 1 THE GRANARIES 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 THE GRANARIES 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
2016 24 JUN	£290,000	£224,903	29% above HPI
1998 30 OCT	£125,000	£79,920	56% above HPI

1 THE GRANARIES 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 THE GRANARIES sales from October 1998 and June 2016 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 October 1998 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 1 THE GRANARIES?

1 THE GRANARIES is 144m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in High Spen, based on EPC data. The below chart shows the distribution of detached houses by size in High Spen, and where 1 THE GRANARIES lies on this distribution: 75% of detached houses are smaller than 1 THE GRANARIES, and 25% of houses are larger. Note that EPC data is not available for all properties in High Spen.

1 THE GRANARIES: Plot and Title Map

1 THE GRANARIES sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 1 THE GRANARIES, 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 THE GRANARIES). 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 THE GRANARIES?

1 THE GRANARIES is located in HIGH SPEN, in the NE39 postcode district. The below map shows the position of No. 1 on THE GRANARIES.