13, RANNOCH CLOSE, WARDLEY, GATESHEAD, NE10 8GB - £170,000

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

13 RANNOCH CLOSE is a very small extended semi-detached house of 76m², built sometime between 1996 and 2002. It was last sold for £170,000 in September 2020, which was around 31% below the average September 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

13 RANNOCH CLOSE Sold Prices

Land registry data shows four sales for 13 RANNOCH 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 RANNOCH 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
2020 21 SEP	£170,000	£245,882	31% below HPI
2016 24 JUN	£172,500	£224,903	23% below HPI
2006 8 DEC	£156,500	£213,735	27% below HPI
1999 11 MAY	£65,000	£78,948	18% below HPI

13 RANNOCH 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 RANNOCH CLOSE sales between May 1999 and September 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 June 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 13 RANNOCH CLOSE?

13 RANNOCH CLOSE is 76m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% 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 RANNOCH CLOSE lies on this distribution: 11% of detached houses are smaller than 13 RANNOCH CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

13 RANNOCH CLOSE: Plot and Title Map

13 RANNOCH CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 13 RANNOCH 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 RANNOCH 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 RANNOCH CLOSE?

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