11, MEADOW RISE, GATESHEAD, NE9 6GB - £328,000

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

11 MEADOW RISE is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £328,000 in August 2021, which was around 30% above the average August 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

11 MEADOW RISE Sold Prices

Land registry data shows three sales for 11 MEADOW RISE 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. Two of the three 11 MEADOW RISE sales were for above the average price, whilst one 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 19 AUG	£328,000	£252,813	30% above HPI
2013 22 FEB	£200,000	£203,619	2% below HPI
2002 24 MAY	£124,950	£107,665	16% above HPI

11 MEADOW RISE 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 11 MEADOW RISE sales between May 2002 and August 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 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 11 MEADOW RISE?

11 MEADOW RISE is 110m² according to the EPC inspection conducted in February 2013. This puts it in the largest 50% 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 MEADOW RISE lies on this distribution: 56% of detached houses are smaller than 11 MEADOW RISE, and 42% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

11 MEADOW RISE: Plot and Title Map

11 MEADOW RISE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 11 MEADOW RISE, 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 MEADOW RISE). 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 MEADOW RISE?

11 MEADOW RISE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 11 on MEADOW RISE.