13, GULLANE CLOSE, GATESHEAD, NE10 0TQ - £182,000

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

13 GULLANE CLOSE is a large detached house of 114m², built sometime between 1950 and 1966. It was last sold for £182,000 in March 2016, which was around 16% below the average March 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

13 GULLANE CLOSE Sold Prices

Land registry data shows four sales for 13 GULLANE CLOSE since 1^st 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 13 GULLANE CLOSE 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 24 MAR	£182,000	£215,607	16% below HPI
2013 8 NOV	£154,000	£205,238	25% below HPI
2007 31 JAN	£210,000	£216,539	3% below HPI
2003 20 JUN	£123,000	£142,326	14% below HPI

13 GULLANE 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 four 13 GULLANE CLOSE sales between June 2003 and March 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 November 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 13 GULLANE CLOSE?

13 GULLANE CLOSE is 114m² according to the EPC inspection conducted in March 2013. This puts it in the largest 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 13 GULLANE CLOSE lies on this distribution: 62% of detached houses are smaller than 13 GULLANE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

13 GULLANE CLOSE: Plot and Title Map

13 GULLANE CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 13 GULLANE 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 13 GULLANE 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 13 GULLANE CLOSE?

13 GULLANE CLOSE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 13 on GULLANE CLOSE.