12, HIGHGREEN CHASE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5QJ - £173,500

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 HIGHGREEN CHASE is a very small semi-detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £238,483. It was last sold for £173,500 in October 2010, which was around 38% above the average October 2010 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

12 HIGHGREEN CHASE Sold Prices

Land registry data shows three sales for 12 HIGHGREEN CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the three 12 HIGHGREEN CHASE 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
2010 25 OCT	£173,500	£125,556	38% above HPI
2008 15 AUG	£184,000	£136,958	34% above HPI
2008 21 MAY	£160,000	£136,104	18% above HPI

12 HIGHGREEN CHASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 12 HIGHGREEN CHASE sales between May 2008 and October 2010 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2010 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 12 HIGHGREEN CHASE be worth now?

12 HIGHGREEN CHASE might now be worth an estimated £238,483.

This is based on house price inflation of 37.5%, between October 2010 and February 2025, for semi-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 37.5% inflationary increase is applied to the most recent sale price for 12 HIGHGREEN CHASE of £173,500 on 25th October 2010. For the value to have increased from £173,500 to £238,483 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 HIGHGREEN CHASE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The October 2010 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 12 HIGHGREEN CHASE has not materially changed since October 2010.

How Large is 12 HIGHGREEN CHASE?

12 HIGHGREEN CHASE is 68m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of semi-detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whickham, and where 12 HIGHGREEN CHASE lies on this distribution: 4% of semi-detached houses houses are smaller than 12 HIGHGREEN CHASE, and 96% of houses are larger. Note that EPC data is not available for all properties in Whickham.

12 HIGHGREEN CHASE: Plot and Title Map

12 HIGHGREEN CHASE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 12 HIGHGREEN CHASE, 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 HIGHGREEN CHASE). 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 HIGHGREEN CHASE?

12 HIGHGREEN CHASE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 12 on HIGHGREEN CHASE.