115, WHAGGS LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4PP - £325,000

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

115 WHAGGS LANE is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £325,000 in April 2017, which was around 44% above the average April 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

115 WHAGGS LANE Sold Prices

Land registry data shows four sales for 115 WHAGGS LANE 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. two of the four 115 WHAGGS LANE sales were for above the average price, and four 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
2017 21 APR	£325,000	£225,692	44% above HPI
2010 9 JUL	£310,000	£200,939	54% above HPI
2007 9 FEB	£210,000	£213,634	2% below HPI
2005 21 OCT	£175,000	£206,405	15% below HPI

115 WHAGGS LANE 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 115 WHAGGS LANE sales between October 2005 and April 2017 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 July 2010 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the April 2017 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 115 WHAGGS LANE?

115 WHAGGS LANE is 103m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 115 WHAGGS LANE lies on this distribution: 37% of detached houses are smaller than 115 WHAGGS LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Whickham.

115 WHAGGS LANE: Plot and Title Map

115 WHAGGS LANE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 115 WHAGGS LANE, 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 115 WHAGGS LANE). 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 115 WHAGGS LANE?

115 WHAGGS LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 115 on WHAGGS LANE.