16, PARKLANDS WAY, WARDLEY, GATESHEAD, NE10 8YW - £207,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 PARKLANDS WAY is a midsized extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £207,000 in January 2012, which was around 8% above the average January 2012 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

16 PARKLANDS WAY Sold Prices

Land registry data shows two sales for 16 PARKLANDS WAY 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. One of the two 16 PARKLANDS WAY sales was for above the average price, whilst the other was 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
2012 9 JAN	£207,000	£191,798	8% above HPI
1997 14 FEB	£73,000	£74,083	1% below HPI

16 PARKLANDS WAY 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 PARKLANDS WAY sales from February 1997 and January 2012 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 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 16 PARKLANDS WAY be worth now?

16 PARKLANDS WAY might now be worth an estimated £308,803.

This is based on house price inflation of 49.2%, between January 2012 and December 2024, for 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 49.2% inflationary increase is applied to the most recent sale price for 16 PARKLANDS WAY of £207,000 on 9th January 2012. For the value to have increased from £207,000 to £308,803 over the eleven years and one month to December 2024, the following assumptions must hold true:

• The value of 16 PARKLANDS WAY has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2012 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARKLANDS WAY has not materially changed since January 2012.

How Large is 16 PARKLANDS WAY?

16 PARKLANDS WAY is 107m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 50% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 16 PARKLANDS WAY lies on this distribution: 53% of detached houses houses are smaller than 16 PARKLANDS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

16 PARKLANDS WAY: Plot and Title Map

16 PARKLANDS WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 16 PARKLANDS WAY, 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 PARKLANDS WAY). 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 PARKLANDS WAY?

16 PARKLANDS WAY is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 16 on PARKLANDS WAY.