10, FERNHILL AVENUE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5UY - £305,000

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.

10 FERNHILL AVENUE is a small extended detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £352,770. It was last sold for £305,000 in January 2021, which was around 26% above the average January 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

10 FERNHILL AVENUE Sold Prices

Land registry data shows two sales for 10 FERNHILL 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. One of the two 10 FERNHILL AVENUE sales was for above the average price, whilst the other was 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
2021 27 JAN	£305,000	£242,954	26% above HPI
2009 13 FEB	£170,000	£196,429	13% below HPI

10 FERNHILL 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 10 FERNHILL AVENUE sales from February 2009 and January 2021 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 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 10 FERNHILL AVENUE be worth now?

10 FERNHILL AVENUE might now be worth an estimated £352,770.

This is based on house price inflation of 15.7%, between January 2021 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 15.7% inflationary increase is applied to the most recent sale price for 10 FERNHILL AVENUE of £305,000 on 27th January 2021. For the value to have increased from £305,000 to £352,770 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 10 FERNHILL AVENUE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 10 FERNHILL AVENUE has not materially changed since January 2021.

How Large is 10 FERNHILL AVENUE?

10 FERNHILL AVENUE is 90m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 10 FERNHILL AVENUE lies on this distribution: 23% of detached houses houses are smaller than 10 FERNHILL AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Whickham.

10 FERNHILL AVENUE: Plot and Title Map

10 FERNHILL AVENUE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 10 FERNHILL 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 10 FERNHILL 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 10 FERNHILL AVENUE?

10 FERNHILL AVENUE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 10 on FERNHILL AVENUE.