119, WHAGGS LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4PP - £385,000

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

119 WHAGGS LANE is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £385,000 in December 2022, which was around 39% above the average December 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

119 WHAGGS LANE Sold Prices

Land registry data shows three sales for 119 WHAGGS LANE 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 119 WHAGGS LANE sales were for above 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 16 DEC	£385,000	£276,577	39% above HPI
2020 13 JAN	£325,000	£230,225	41% above HPI
1997 16 MAY	£98,000	£75,051	31% above HPI

119 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 three 119 WHAGGS LANE sales between May 1997 and December 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 January 2020 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2022 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 119 WHAGGS LANE?

119 WHAGGS LANE is 105m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 119 WHAGGS LANE lies on this distribution: 38% of detached houses are smaller than 119 WHAGGS LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Whickham.

119 WHAGGS LANE: Plot and Title Map

119 WHAGGS LANE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 119 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 119 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 119 WHAGGS LANE?

119 WHAGGS LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 119 on WHAGGS LANE.