16, NETHERFARM ROAD, GATESHEAD, NE10 0YR - £310,250

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

16 NETHERFARM ROAD is a very large extended detached house of 149m², built sometime between 1976 and 1982. It was last sold for £310,250 in October 2021, which was around 20% above the average October 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

16 NETHERFARM ROAD Sold Prices

Land registry data shows four sales for 16 NETHERFARM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Most of the four 16 NETHERFARM ROAD 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
2021 11 OCT	£310,250	£257,830	20% above HPI
2020 27 NOV	£219,000	£251,569	13% below HPI
2016 27 MAY	£230,000	£219,014	5% above HPI
2006 14 JUL	£245,000	£213,145	15% above HPI

16 NETHERFARM ROAD 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 four 16 NETHERFARM ROAD sales between July 2006 and October 2021 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 November 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 16 NETHERFARM ROAD?

16 NETHERFARM ROAD is 149m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 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 NETHERFARM ROAD lies on this distribution: 85% of detached houses are smaller than 16 NETHERFARM ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

16 NETHERFARM ROAD: Plot and Title Map

16 NETHERFARM ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 16 NETHERFARM ROAD, 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 NETHERFARM ROAD). 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 NETHERFARM ROAD?

16 NETHERFARM ROAD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 16 on NETHERFARM ROAD.