12, FOUNTAINS CLOSE, GATESHEAD, NE11 9PX - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 FOUNTAINS CLOSE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £235,000 in August 2018, which was about the average August 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

12 FOUNTAINS CLOSE Sold Prices

Land registry data shows two sales for 12 FOUNTAINS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. One of the two 12 FOUNTAINS CLOSE sales was roughly equal to the average price, whilst the other was 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
2018 27 AUG	£235,000	£234,583	Close to HPI
1998 29 JUN	£85,000	£77,515	10% above HPI

12 FOUNTAINS CLOSE 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 two 12 FOUNTAINS CLOSE sales from June 1998 and August 2018 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 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 12 FOUNTAINS CLOSE be worth now?

12 FOUNTAINS CLOSE might now be worth an estimated £286,634.

This is based on house price inflation of 22%, between August 2018 and December 2024, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 12 FOUNTAINS CLOSE of £235,000 on 27th August 2018. For the value to have increased from £235,000 to £286,634 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 12 FOUNTAINS CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The August 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FOUNTAINS CLOSE has not materially changed since August 2018.

How Large is 12 FOUNTAINS CLOSE?

12 FOUNTAINS CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 12 FOUNTAINS CLOSE lies on this distribution: 35% of detached houses houses are smaller than 12 FOUNTAINS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

12 FOUNTAINS CLOSE: Plot and Title Map

12 FOUNTAINS CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 12 FOUNTAINS CLOSE, 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 12 FOUNTAINS CLOSE). 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 12 FOUNTAINS CLOSE?

12 FOUNTAINS CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 12 on FOUNTAINS CLOSE.