11, PARKLANDS WAY, WARDLEY, GATESHEAD, NE10 8GA - £195,000

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 PARKLANDS WAY is a very large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £195,000 in April 2007, which was around 9% below the average April 2007 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 PARKLANDS WAY Sold Prices

Land registry data shows three sales for 11 PARKLANDS WAY 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. All of the three 11 PARKLANDS WAY 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
2007 17 APR	£195,000	£214,785	9% below HPI
2002 28 JUN	£110,000	£111,024	1% below HPI
1998 26 NOV	£75,250	£79,723	6% below HPI

11 PARKLANDS WAY 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 PARKLANDS WAY sales between November 1998 and April 2007 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 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2007 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 11 PARKLANDS WAY?

11 PARKLANDS WAY is 137m², which includes four extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% 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 PARKLANDS WAY lies on this distribution: 80% of detached houses are smaller than 11 PARKLANDS WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

11 PARKLANDS WAY: Plot and Title Map

11 PARKLANDS WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 11 PARKLANDS WAY, 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 PARKLANDS WAY). 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 PARKLANDS WAY?

11 PARKLANDS WAY is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 11 on PARKLANDS WAY.