18, EGREMONT DRIVE, GATESHEAD, NE9 5SE - £125,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

18 EGREMONT DRIVE is a very small semi-detached house of 58m², built sometime between 1950 and 1966. It was last sold for £125,000 in December 2015, which was around 42% below the average December 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

18 EGREMONT DRIVE Sold Prices

Land registry data shows two sales for 18 EGREMONT DRIVE 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 18 EGREMONT DRIVE 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
2015 11 DEC	£125,000	£217,359	42% below HPI
2015 13 NOV	£100,000	£217,735	54% below HPI

18 EGREMONT DRIVE 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 18 EGREMONT DRIVE sales from November 2015 and December 2015 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 November 2015 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2015 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 18 EGREMONT DRIVE?

18 EGREMONT DRIVE is 58m² according to the EPC inspection conducted in February 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 18 EGREMONT DRIVE lies on this distribution: 2% of detached houses are smaller than 18 EGREMONT DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

18 EGREMONT DRIVE: Plot and Title Map

18 EGREMONT DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 18 EGREMONT DRIVE, 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 18 EGREMONT DRIVE). 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 18 EGREMONT DRIVE?

18 EGREMONT DRIVE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 18 on EGREMONT DRIVE.