17, RANNOCH CLOSE, WARDLEY, GATESHEAD, NE10 8GB - £197,500

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 RANNOCH CLOSE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £197,500 in November 2019, which was around 14% below the average November 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

17 RANNOCH CLOSE Sold Prices

Land registry data shows five sales for 17 RANNOCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the five 17 RANNOCH 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
2019 29 NOV	£197,500	£230,524	14% below HPI
2012 28 SEP	£172,000	£198,159	13% below HPI
2003 9 MAY	£130,000	£134,984	4% below HPI
2002 28 FEB	£96,000	£97,130	1% below HPI
1999 11 JUN	£76,500	£80,287	5% below HPI

17 RANNOCH 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 five 17 RANNOCH CLOSE sales between June 1999 and November 2019 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 September 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 17 RANNOCH CLOSE?

17 RANNOCH CLOSE is 87m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% 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 RANNOCH CLOSE lies on this distribution: 26% of detached houses are smaller than 17 RANNOCH CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

17 RANNOCH CLOSE: Plot and Title Map

17 RANNOCH CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 17 RANNOCH 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 RANNOCH 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 RANNOCH CLOSE?

17 RANNOCH CLOSE is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 17 on RANNOCH CLOSE.