12, OVETT GARDENS, GATESHEAD, NE8 3JH - £208,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 OVETT GARDENS is a small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £208,000 in December 2016, which was around 7% below the average December 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

12 OVETT GARDENS Sold Prices

Land registry data shows two sales for 12 OVETT GARDENS 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. Both of the two 12 OVETT GARDENS sales 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
2016 7 DEC	£208,000	£224,547	7% below HPI
2003 18 DEC	£159,950	£168,834	5% below HPI

12 OVETT GARDENS 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 OVETT GARDENS sales from December 2003 and December 2016 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 December 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 OVETT GARDENS?

12 OVETT GARDENS is 97m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 12 OVETT GARDENS lies on this distribution: 39% of detached houses are smaller than 12 OVETT GARDENS, and 60% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

12 OVETT GARDENS: Plot and Title Map

12 OVETT GARDENS sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 12 OVETT GARDENS, 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 OVETT GARDENS). 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 OVETT GARDENS?

12 OVETT GARDENS is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 12 on OVETT GARDENS.