17, ARGUS CLOSE, GATESHEAD, NE11 9TA - £75,000

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

17 ARGUS CLOSE is a very small extended detached house of 71m², built sometime between 1991 and 1995. It was last sold for £75,000 in September 2000, which was around 17% below the average September 2000 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

17 ARGUS CLOSE Sold Prices

Land registry data shows two sales for 17 ARGUS CLOSE 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 17 ARGUS CLOSE 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
2000 8 SEP	£75,000	£90,141	17% below HPI
1995 30 JUN	£57,150	£73,132	22% below HPI

17 ARGUS CLOSE 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 17 ARGUS CLOSE sales from June 1995 and September 2000 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2000 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 17 ARGUS CLOSE?

17 ARGUS CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 17 ARGUS CLOSE lies on this distribution: 8% of detached houses are smaller than 17 ARGUS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

17 ARGUS CLOSE: Plot and Title Map

17 ARGUS CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 17 ARGUS CLOSE, 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 17 ARGUS CLOSE). 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 17 ARGUS CLOSE?

17 ARGUS CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 17 on ARGUS CLOSE.