18, SWALLOW TAIL DRIVE, GATESHEAD, NE11 9TG - £193,000

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 SWALLOW TAIL DRIVE is a small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £193,000 in July 2019, which was around 19% below the average July 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

18 SWALLOW TAIL DRIVE Sold Prices

Land registry data shows three sales for 18 SWALLOW TAIL DRIVE since 1^st 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. All of the three 18 SWALLOW TAIL 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
2019 4 JUL	£193,000	£238,400	19% below HPI
1999 22 JUN	£73,000	£80,287	9% below HPI
1995 30 JUN	£63,950	£73,132	13% below HPI

18 SWALLOW TAIL 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 three 18 SWALLOW TAIL DRIVE sales between June 1995 and July 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 June 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 SWALLOW TAIL DRIVE?

18 SWALLOW TAIL DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in January 2016. 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 18 SWALLOW TAIL DRIVE lies on this distribution: 27% of detached houses are smaller than 18 SWALLOW TAIL DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

18 SWALLOW TAIL DRIVE: Plot and Title Map

18 SWALLOW TAIL DRIVE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 18 SWALLOW TAIL 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 SWALLOW TAIL 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 SWALLOW TAIL DRIVE?

18 SWALLOW TAIL DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 18 on SWALLOW TAIL DRIVE.