11, SWALLOW TAIL DRIVE, GATESHEAD, NE11 9TG - £145,000

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 SWALLOW TAIL DRIVE is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £145,000 in November 2023, which was around 48% below the average November 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

11 SWALLOW TAIL DRIVE Sold Prices

Land registry data shows four sales for 11 SWALLOW TAIL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 11 SWALLOW TAIL DRIVE 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
2023 3 NOV	£145,000	£278,041	48% below HPI
2000 27 SEP	£57,000	£90,141	37% below HPI
1998 12 OCT	£52,000	£79,920	35% below HPI
1995 17 AUG	£45,950	£73,314	37% below HPI

11 SWALLOW TAIL DRIVE 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 four 11 SWALLOW TAIL DRIVE sales between August 1995 and November 2023 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 September 2000 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 11 SWALLOW TAIL DRIVE?

11 SWALLOW TAIL DRIVE is 61m² according to the EPC inspection conducted in October 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 SWALLOW TAIL DRIVE lies on this distribution: 3% of detached houses are smaller than 11 SWALLOW TAIL DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

11 SWALLOW TAIL DRIVE: Plot and Title Map

11 SWALLOW TAIL DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 11 SWALLOW TAIL 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 SWALLOW TAIL 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 SWALLOW TAIL DRIVE?

11 SWALLOW TAIL DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 11 on SWALLOW TAIL DRIVE.