17, WESTACRES AVENUE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5AG - £296,000

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 WESTACRES AVENUE is a very small extended detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £332,320. It was last sold for £296,000 in January 2022, which was around 18% above the average January 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

17 WESTACRES AVENUE Sold Prices

Land registry data shows four sales for 17 WESTACRES AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 17 WESTACRES AVENUE sales 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
2022 14 JAN	£296,000	£250,294	18% above HPI
2016 18 FEB	£250,000	£217,519	15% above HPI
1999 16 JUL	£98,000	£79,248	24% above HPI
1995 15 DEC	£80,000	£70,258	14% above HPI

17 WESTACRES AVENUE 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 four 17 WESTACRES AVENUE sales between December 1995 and January 2022 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 February 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 17 WESTACRES AVENUE be worth now?

17 WESTACRES AVENUE might now be worth an estimated £332,320.

This is based on house price inflation of 12.3%, between January 2022 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.3% inflationary increase is applied to the most recent sale price for 17 WESTACRES AVENUE of £296,000 on 14th January 2022. For the value to have increased from £296,000 to £332,320 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 17 WESTACRES AVENUE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2022 sale price of £296,000 represented a fair market value for the property.
• The size, condition, and specification of 17 WESTACRES AVENUE has not materially changed since January 2022.

How Large is 17 WESTACRES AVENUE?

17 WESTACRES AVENUE is 85m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 17 WESTACRES AVENUE lies on this distribution: 19% of detached houses houses are smaller than 17 WESTACRES AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Whickham.

17 WESTACRES AVENUE: Plot and Title Map

17 WESTACRES AVENUE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 17 WESTACRES AVENUE, 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 WESTACRES AVENUE). 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 WESTACRES AVENUE?

17 WESTACRES AVENUE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 17 on WESTACRES AVENUE.