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 YOUNGHALL CLOSE is a midsized extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £330,000 in April 2022, which was around 27% above the average April 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 14 YOUNGHALL CLOSE since 1st 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 YOUNGHALL CLOSE 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 |
---|---|---|---|
2022 20 APR | £330,000 | £260,783 | 27% above HPI |
2015 18 FEB | £280,000 | £207,278 | 35% above HPI |
2001 7 DEC | £125,000 | £100,228 | 25% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 14 YOUNGHALL CLOSE sales between December 2001 and April 2022 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 February 2015 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2022 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.
14 YOUNGHALL CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% of detached houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses by size in Greenside, and where 14 YOUNGHALL CLOSE lies on this distribution: 44% of detached houses are smaller than 14 YOUNGHALL CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Greenside.
14 YOUNGHALL CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 14 YOUNGHALL 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 YOUNGHALL 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.
14 YOUNGHALL CLOSE is located in GREENSIDE, in the NE40 postcode district. The below map shows the position of No. 14 on YOUNGHALL CLOSE.