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
15 GATELEY AVENUE is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £205,000 in August 2023, which was around 38% below the average August 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 15 GATELEY AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 15 GATELEY AVENUE 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 |
---|---|---|---|
2023 3 AUG | £205,000 | £328,235 | 38% below HPI |
2007 11 DEC | £139,000 | £261,896 | 47% below HPI |
1999 23 DEC | £58,000 | £100,431 | 42% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 15 GATELEY AVENUE sales between December 1999 and August 2023 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 2007 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
15 GATELEY AVENUE is 60m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 15 GATELEY AVENUE lies on this distribution: 3% of detached houses are smaller than 15 GATELEY AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Blyth.
15 GATELEY AVENUE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 15 GATELEY 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 15 GATELEY 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.
15 GATELEY AVENUE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 15 on GATELEY AVENUE.