16, ALVERSTONE AVENUE, GATESHEAD, NE9 6EU - £350,000

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

16 ALVERSTONE AVENUE is a very small detached house of 80m², built sometime between 1930 and 1949. It was last sold for £350,000 in February 2019, which was around 50% above the average February 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

16 ALVERSTONE AVENUE Sold Prices

Land registry data shows two sales for 16 ALVERSTONE AVENUE 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 16 ALVERSTONE 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
2019 21 FEB	£350,000	£232,607	50% above HPI
2012 27 APR	£237,000	£197,991	20% above HPI

16 ALVERSTONE 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 two 16 ALVERSTONE AVENUE sales from April 2012 and February 2019 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 April 2012 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2019 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 16 ALVERSTONE AVENUE?

16 ALVERSTONE AVENUE is 80m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 16 ALVERSTONE AVENUE lies on this distribution: 16% of detached houses are smaller than 16 ALVERSTONE AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

16 ALVERSTONE AVENUE: Plot and Title Map

16 ALVERSTONE AVENUE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 16 ALVERSTONE 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 16 ALVERSTONE 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 16 ALVERSTONE AVENUE?

16 ALVERSTONE AVENUE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 16 on ALVERSTONE AVENUE.