11, KELVIN GROVE, GATESHEAD, NE8 4QN - £124,425

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

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.

11 KELVIN GROVE Sold Prices

Land registry data shows two sales for 11 KELVIN GROVE 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 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

11 KELVIN GROVE 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 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.

How Large is 11 KELVIN GROVE?

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: Plot and Title Map

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.

Where is 11 KELVIN GROVE?

11 KELVIN GROVE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 11 on KELVIN GROVE.