17, CHELTENHAM CLOSE, NORTH GOSFORTH, NEWCASTLE UPON TYNE, NE13 6QF - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 CHELTENHAM CLOSE is a very small semi-detached house of 76m², which could now be worth an estimated £219,388. It was last sold for £175,000 in December 2020, which was around 5% below the average December 2020 semi-detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

17 CHELTENHAM CLOSE Sold Prices

Land registry data shows three sales for 17 CHELTENHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. One of the three 17 CHELTENHAM CLOSE sales was for below the average price, whilst two 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
2020 11 DEC	£175,000	£184,491	5% below HPI
2020 27 MAR	£200,000	£170,799	17% above HPI
2018 28 JUN	£196,500	£174,661	13% above HPI

17 CHELTENHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The three 17 CHELTENHAM CLOSE sales between June 2018 and December 2020 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 March 2020 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 17 CHELTENHAM CLOSE be worth now?

17 CHELTENHAM CLOSE might now be worth an estimated £219,388.

This is based on house price inflation of 25.4%, between December 2020 and February 2025, for semi-detached houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.4% inflationary increase is applied to the most recent sale price for 17 CHELTENHAM CLOSE of £175,000 on 11th December 2020. For the value to have increased from £175,000 to £219,388 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 17 CHELTENHAM CLOSE has moved in line with the HPI for semi-detached houses in the Newcastle upon Tyne local authority area.
• The December 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHELTENHAM CLOSE has not materially changed since December 2020.

How Large is 17 CHELTENHAM CLOSE?

17 CHELTENHAM CLOSE is 76m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of semi-detached houses houses in Wideopen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wideopen, and where 17 CHELTENHAM CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 17 CHELTENHAM CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wideopen.

17 CHELTENHAM CLOSE: Plot and Title Map

17 CHELTENHAM CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 17 CHELTENHAM 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 CHELTENHAM 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 CHELTENHAM CLOSE?

17 CHELTENHAM CLOSE is located in NORTH GOSFORTH, in the NE13 postcode district. The below map shows the position of No. 17 on CHELTENHAM CLOSE.