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 MENDHAM CLOSE is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £219,995 in January 2014, which was around 8% above the average January 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 18 MENDHAM CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. One of the three 18 MENDHAM CLOSE sales was for above the average price, whilst two 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 |
---|---|---|---|
2014 16 JAN | £219,995 | £204,226 | 8% above HPI |
2006 20 JAN | £190,000 | £204,708 | 7% below HPI |
1996 1 JUL | £70,000 | £71,012 | 1% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 18 MENDHAM CLOSE sales between July 1996 and January 2014 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 January 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
18 MENDHAM CLOSE is 93m² according to the EPC inspection conducted in October 2013. 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 MENDHAM CLOSE lies on this distribution: 34% of detached houses are smaller than 18 MENDHAM CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
18 MENDHAM CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 18 MENDHAM 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 MENDHAM 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.
18 MENDHAM CLOSE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 18 on MENDHAM CLOSE.