14, ARGUS CLOSE, GATESHEAD, NE11 9TA - £212,000

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

14 ARGUS CLOSE is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £212,000 in July 2007, which was around 6% below the average July 2007 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

14 ARGUS CLOSE Sold Prices

Land registry data shows three sales for 14 ARGUS CLOSE 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. Two of the three 14 ARGUS CLOSE sales were for below the average price, whilst one 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
2007 25 JUL	£212,000	£225,343	6% below HPI
2001 18 JUL	£99,000	£97,223	2% above HPI
1995 28 SEP	£68,000	£72,629	6% below HPI

14 ARGUS 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 three 14 ARGUS CLOSE sales between September 1995 and July 2007 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 July 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2007 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 14 ARGUS CLOSE?

14 ARGUS CLOSE is 93m² according to the EPC inspection conducted in March 2013. 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 14 ARGUS CLOSE lies on this distribution: 34% of detached houses are smaller than 14 ARGUS CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

14 ARGUS CLOSE: Plot and Title Map

14 ARGUS CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 14 ARGUS 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 14 ARGUS 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 14 ARGUS CLOSE?

14 ARGUS CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 14 on ARGUS CLOSE.