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
12 GILL BURN is a very large detached house of 223m², built sometime between 1996 and 2002. It was last sold for £465,000 in December 2009, which was around 131% above the average December 2009 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 12 GILL BURN since 1st 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 12 GILL BURN 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 |
---|---|---|---|
2009 18 DEC | £465,000 | £201,378 | 131% above HPI |
2008 1 AUG | £485,000 | £222,052 | 118% above HPI |
2003 25 JUL | £395,000 | £153,308 | 158% above HPI |
2000 8 MAY | £236,000 | £83,588 | 182% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 12 GILL BURN sales between May 2000 and December 2009 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 August 2008 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the December 2009 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.
12 GILL BURN is 223m² according to the EPC inspection conducted in April 2009. This puts it in the largest 20% of detached houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses by size in Rowlands Gill, and where 12 GILL BURN lies on this distribution: 89% of detached houses are smaller than 12 GILL BURN, and 11% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.
12 GILL BURN sits on a plot of roughly 0.324 of an acre, or 1,309m². The below map shows the location of 12 GILL BURN, 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 GILL BURN). 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.
12 GILL BURN is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 12 on GILL BURN.