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 SWALLOW TAIL DRIVE is a midsized extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £217,500 in May 2005, which was around 15% above the average May 2005 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 SWALLOW TAIL DRIVE since 1st 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 SWALLOW TAIL DRIVE 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 |
---|---|---|---|
2005 6 MAY | £217,500 | £188,609 | 15% above HPI |
1995 30 JUN | £66,950 | £73,132 | 8% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 16 SWALLOW TAIL DRIVE sales from June 1995 and May 2005 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 June 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2005 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
16 SWALLOW TAIL DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% 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 SWALLOW TAIL DRIVE lies on this distribution: 47% of detached houses are smaller than 16 SWALLOW TAIL DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
16 SWALLOW TAIL DRIVE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 16 SWALLOW TAIL DRIVE, 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 SWALLOW TAIL DRIVE). 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.
16 SWALLOW TAIL DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 16 on SWALLOW TAIL DRIVE.