1, WESTACRES AVENUE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5AG - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WESTACRES AVENUE is a small extended detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £366,055. It was last sold for £265,000 in August 2010, which was around 30% above the average August 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

1 WESTACRES AVENUE Sold Prices

Land registry data shows two sales for 1 WESTACRES AVENUE 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 WESTACRES AVENUE 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
2010 4 AUG	£265,000	£203,430	30% above HPI
1999 2 AUG	£107,000	£79,923	34% above HPI

1 WESTACRES AVENUE 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 WESTACRES AVENUE sales from August 1999 and August 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 August 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2010 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 1 WESTACRES AVENUE be worth now?

1 WESTACRES AVENUE might now be worth an estimated £366,055.

This is based on house price inflation of 38.1%, between August 2010 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.1% inflationary increase is applied to the most recent sale price for 1 WESTACRES AVENUE of £265,000 on 4th August 2010. For the value to have increased from £265,000 to £366,055 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 1 WESTACRES AVENUE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The August 2010 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WESTACRES AVENUE has not materially changed since August 2010.

How Large is 1 WESTACRES AVENUE?

1 WESTACRES AVENUE is 102m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 40% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 1 WESTACRES AVENUE lies on this distribution: 35% of detached houses houses are smaller than 1 WESTACRES AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Whickham.

1 WESTACRES AVENUE: Plot and Title Map

1 WESTACRES AVENUE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 1 WESTACRES AVENUE, 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 WESTACRES AVENUE). 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 WESTACRES AVENUE?

1 WESTACRES AVENUE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 1 on WESTACRES AVENUE.