18, HEATH CLOSE, GATESHEAD, NE11 9TF - £315,000

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

18 HEATH CLOSE is a small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £315,000 in May 2024, which was around 13% above the average May 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

18 HEATH CLOSE Sold Prices

Land registry data shows two sales for 18 HEATH 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 18 HEATH CLOSE 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
2024 20 MAY	£315,000	£277,988	13% above HPI
1996 30 APR	£76,950	£68,612	12% above HPI

18 HEATH 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 18 HEATH CLOSE sales from April 1996 and May 2024 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 April 1996 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2024 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 18 HEATH CLOSE?

18 HEATH CLOSE is 93m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% 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 HEATH CLOSE lies on this distribution: 34% of detached houses are smaller than 18 HEATH CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

18 HEATH CLOSE: Plot and Title Map

18 HEATH CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 18 HEATH 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 18 HEATH 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 18 HEATH CLOSE?

18 HEATH CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 18 on HEATH CLOSE.