14, WESTFIELD, GATESHEAD, NE10 8NG - £149,950

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 WESTFIELD is a very small extended detached house of 60m², built sometime between 1976 and 1982. It was last sold for £149,950 in February 2012, which was around 22% below the average February 2012 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

14 WESTFIELD Sold Prices

Land registry data shows two sales for 14 WESTFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 14 WESTFIELD 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
2012 22 FEB	£149,950	£192,159	22% below HPI
2008 5 DEC	£130,000	£204,669	36% below HPI

14 WESTFIELD 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 two 14 WESTFIELD sales from December 2008 and February 2012 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 December 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 14 WESTFIELD?

14 WESTFIELD is 60m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% 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 WESTFIELD lies on this distribution: 3% of detached houses are smaller than 14 WESTFIELD, and 97% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

14 WESTFIELD: Plot and Title Map

14 WESTFIELD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 14 WESTFIELD, 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 WESTFIELD). 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 WESTFIELD?

14 WESTFIELD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 14 on WESTFIELD.