15, FALSGRAVE PLACE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5SG - £163,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 FALSGRAVE PLACE is a very small semi-detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £225,103. It was last sold for £163,500 in March 2006, which was around 30% above the average March 2006 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

15 FALSGRAVE PLACE Sold Prices

Land registry data shows two sales for 15 FALSGRAVE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 15 FALSGRAVE PLACE 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
2006 8 MAR	£163,500	£125,352	30% above HPI
1998 30 OCT	£60,000	£45,204	33% above HPI

15 FALSGRAVE PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 15 FALSGRAVE PLACE sales from October 1998 and March 2006 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 October 1998 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2006 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 15 FALSGRAVE PLACE be worth now?

15 FALSGRAVE PLACE might now be worth an estimated £225,103.

This is based on house price inflation of 37.7%, between March 2006 and February 2025, for semi-detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.7% inflationary increase is applied to the most recent sale price for 15 FALSGRAVE PLACE of £163,500 on 8th March 2006. For the value to have increased from £163,500 to £225,103 over the nineteen years and one month to February 2025, the following assumptions must hold true:

• The value of 15 FALSGRAVE PLACE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The March 2006 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 15 FALSGRAVE PLACE has not materially changed since March 2006.

How Large is 15 FALSGRAVE PLACE?

15 FALSGRAVE PLACE is 76m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whickham, and where 15 FALSGRAVE PLACE lies on this distribution: 9% of semi-detached houses houses are smaller than 15 FALSGRAVE PLACE, and 90% of houses are larger. Note that EPC data is not available for all properties in Whickham.

15 FALSGRAVE PLACE: Plot and Title Map

15 FALSGRAVE PLACE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 15 FALSGRAVE PLACE, 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 15 FALSGRAVE PLACE). 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 15 FALSGRAVE PLACE?

15 FALSGRAVE PLACE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 15 on FALSGRAVE PLACE.