11, FOLLINGSBY DRIVE, GATESHEAD, NE10 8YH - £117,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 FOLLINGSBY DRIVE is a very small extended semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £166,980. It was last sold for £117,000 in November 2013, which was around 5% below the average November 2013 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

11 FOLLINGSBY DRIVE Sold Prices

Land registry data shows two sales for 11 FOLLINGSBY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. One of the two 11 FOLLINGSBY DRIVE sales was for below the average price, whilst the other was 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
2013 6 NOV	£117,000	£123,375	5% below HPI
1997 12 JUN	£51,000	£42,988	19% above HPI

11 FOLLINGSBY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 11 FOLLINGSBY DRIVE sales from June 1997 and November 2013 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 June 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 11 FOLLINGSBY DRIVE be worth now?

11 FOLLINGSBY DRIVE might now be worth an estimated £166,980.

This is based on house price inflation of 42.7%, between November 2013 and December 2024, for semi-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 42.7% inflationary increase is applied to the most recent sale price for 11 FOLLINGSBY DRIVE of £117,000 on 6th November 2013. For the value to have increased from £117,000 to £166,980 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 11 FOLLINGSBY DRIVE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The November 2013 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FOLLINGSBY DRIVE has not materially changed since November 2013.

How Large is 11 FOLLINGSBY DRIVE?

11 FOLLINGSBY DRIVE is 69m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 11 FOLLINGSBY DRIVE lies on this distribution: 7% of semi-detached houses houses are smaller than 11 FOLLINGSBY DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

11 FOLLINGSBY DRIVE: Plot and Title Map

11 FOLLINGSBY DRIVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 11 FOLLINGSBY DRIVE, 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 11 FOLLINGSBY DRIVE). 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 11 FOLLINGSBY DRIVE?

11 FOLLINGSBY DRIVE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 11 on FOLLINGSBY DRIVE.