10, BURNWOOD CLOSE, CHOPWELL, NEWCASTLE UPON TYNE, NE17 7QF - £185,000

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

10 BURNWOOD CLOSE is a very large detached house of 185m², built sometime between 1983 and 1990. It was last sold for £185,000 in August 2016, which was around 18% below the average August 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

10 BURNWOOD CLOSE Sold Prices

Land registry data shows three sales for 10 BURNWOOD CLOSE 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 10 BURNWOOD 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
2016 8 AUG	£185,000	£226,155	18% below HPI
2016 26 FEB	£215,000	£218,993	2% below HPI
2005 3 JUN	£160,000	£192,187	17% below HPI

10 BURNWOOD 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 three 10 BURNWOOD CLOSE sales between June 2005 and August 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 February 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 10 BURNWOOD CLOSE?

10 BURNWOOD CLOSE is 185m² according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses in Chopwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chopwell, and where 10 BURNWOOD CLOSE lies on this distribution: 93% of detached houses are smaller than 10 BURNWOOD CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Chopwell.

10 BURNWOOD CLOSE: Plot and Title Map

10 BURNWOOD CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 10 BURNWOOD 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 10 BURNWOOD 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 10 BURNWOOD CLOSE?

10 BURNWOOD CLOSE is located in CHOPWELL, in the NE17 postcode district. The below map shows the position of No. 10 on BURNWOOD CLOSE.