14, PARK AVENUE, GATESHEAD, NE11 9QE - £240,000

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

14 PARK AVENUE is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £240,000 in May 2015, which was around 15% above the average May 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

14 PARK AVENUE Sold Prices

Land registry data shows three sales for 14 PARK AVENUE 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 14 PARK AVENUE 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
2015 29 MAY	£240,000	£209,137	15% above HPI
2009 15 JUL	£220,000	£202,930	8% above HPI
1999 17 MAY	£111,000	£78,948	41% above HPI

14 PARK AVENUE 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 PARK AVENUE sales between May 1999 and May 2015 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 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 14 PARK AVENUE?

14 PARK AVENUE is 106m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% 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 PARK AVENUE lies on this distribution: 51% of detached houses are smaller than 14 PARK AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

14 PARK AVENUE: Plot and Title Map

14 PARK AVENUE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 14 PARK AVENUE, 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 PARK AVENUE). 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 PARK AVENUE?

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