12, REDHILL DRIVE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5TY - £256,005

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 REDHILL DRIVE is a large detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £382,017. It was last sold for £256,005 in February 2005, which was around 34% above the average February 2005 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

12 REDHILL DRIVE Sold Prices

Land registry data shows three sales for 12 REDHILL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 12 REDHILL DRIVE 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
2005 18 FEB	£256,005	£191,744	34% above HPI
2001 15 JUN	£135,000	£93,618	44% above HPI
1996 18 JAN	£89,500	£69,656	28% above HPI

12 REDHILL DRIVE 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 three 12 REDHILL DRIVE sales between January 1996 and February 2005 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 2001 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the February 2005 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 REDHILL DRIVE be worth now?

12 REDHILL DRIVE might now be worth an estimated £382,017.

This is based on house price inflation of 49.2%, between February 2005 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 49.2% inflationary increase is applied to the most recent sale price for 12 REDHILL DRIVE of £256,005 on 18th February 2005. For the value to have increased from £256,005 to £382,017 over the eighteen years and two months to December 2024, the following assumptions must hold true:

• The value of 12 REDHILL DRIVE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2005 sale price of £256,005 represented a fair market value for the property.
• The size, condition, and specification of 12 REDHILL DRIVE has not materially changed since February 2005.

How Large is 12 REDHILL DRIVE?

12 REDHILL DRIVE is 127m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 12 REDHILL DRIVE lies on this distribution: 61% of detached houses houses are smaller than 12 REDHILL DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Whickham.

12 REDHILL DRIVE: Plot and Title Map

12 REDHILL DRIVE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 12 REDHILL DRIVE, 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 REDHILL DRIVE). 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 REDHILL DRIVE?

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