1, THROPTON CLOSE, GATESHEAD, NE10 8SP - £144,000

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 THROPTON CLOSE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £144,000 in March 2010, which was around 29% below the average March 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

1 THROPTON CLOSE Sold Prices

Land registry data shows four sales for 1 THROPTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 1 THROPTON CLOSE sales were for below 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
2010 10 MAR	£144,000	£203,463	29% below HPI
2009 26 MAY	£143,000	£197,035	27% below HPI
2001 11 JUN	£85,000	£94,253	10% below HPI
1999 26 FEB	£59,950	£80,570	26% below HPI

1 THROPTON 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 four 1 THROPTON CLOSE sales between February 1999 and March 2010 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 May 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2010 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 THROPTON CLOSE?

1 THROPTON CLOSE is 83m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% 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 THROPTON CLOSE lies on this distribution: 21% of detached houses are smaller than 1 THROPTON CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

1 THROPTON CLOSE: Plot and Title Map

1 THROPTON CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 1 THROPTON 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 THROPTON 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 THROPTON CLOSE?

1 THROPTON CLOSE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 1 on THROPTON CLOSE.