12, RADCLIFFE CLOSE, GATESHEAD, NE8 3JZ - £248,000

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 RADCLIFFE CLOSE is a large detached house of 125m², built sometime between 2003 and 2006. It was last sold for £248,000 in October 2020, which was about the average October 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

12 RADCLIFFE CLOSE Sold Prices

Land registry data shows two sales for 12 RADCLIFFE 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 RADCLIFFE 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
2020 30 OCT	£248,000	£248,244	Close to HPI
2005 9 DEC	£235,000	£201,534	17% above HPI

12 RADCLIFFE 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 RADCLIFFE CLOSE sales from December 2005 and October 2020 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 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 12 RADCLIFFE CLOSE?

12 RADCLIFFE CLOSE is 125m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% 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 RADCLIFFE CLOSE lies on this distribution: 72% of detached houses are smaller than 12 RADCLIFFE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

12 RADCLIFFE CLOSE: Plot and Title Map

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

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