Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
11 KELVIN GROVE is a very small detached house of 71m², built in 2017. It was last sold for £124,425 in March 2022, which was around 51% below the average March 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 11 KELVIN GROVE since 1st 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 11 KELVIN GROVE 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 |
---|---|---|---|
2022 31 MAR | £124,425 | £253,334 | 51% below HPI |
2009 27 MAY | £89,500 | £197,035 | 55% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 11 KELVIN GROVE sales from May 2009 and March 2022 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 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2022 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.
11 KELVIN GROVE is 71m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 11 KELVIN GROVE lies on this distribution: 8% of detached houses are smaller than 11 KELVIN GROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
11 KELVIN GROVE sits on a plot of roughly 1.7 acres, or 6,828m². The below map shows the location of 11 KELVIN GROVE, 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 KELVIN GROVE). 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.
11 KELVIN GROVE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 11 on KELVIN GROVE.