16, THE PAVILION, SWALWELL, NEWCASTLE UPON TYNE, NE16 3BZ - £250,000

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 THE PAVILION is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £250,000 in December 2023, which was around 11% below the average December 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

16 THE PAVILION Sold Prices

Land registry data shows two sales for 16 THE PAVILION 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 THE PAVILION 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 1 DEC	£250,000	£280,347	11% below HPI
2001 20 APR	£90,750	£91,931	1% below HPI

16 THE PAVILION 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 THE PAVILION sales from April 2001 and December 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 April 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 16 THE PAVILION?

16 THE PAVILION is 77m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 16 THE PAVILION lies on this distribution: 10% of detached houses are smaller than 16 THE PAVILION, and 89% of houses are larger. Note that EPC data is not available for all properties in Whickham.

16 THE PAVILION: Plot and Title Map

16 THE PAVILION sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 16 THE PAVILION, 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 THE PAVILION). 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 THE PAVILION?

16 THE PAVILION is located in SWALWELL, in the NE16 postcode district. The below map shows the position of No. 16 on THE PAVILION.