188, KELLS LANE, GATESHEAD, NE9 5JA - £395,000

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

188 KELLS LANE is a very large extended detached house of 148m², built sometime between 1983 and 1990. It was last sold for £395,000 in July 2024, which was around 38% above the average July 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.

188 KELLS LANE Sold Prices

Land registry data shows three sales for 188 KELLS LANE 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 188 KELLS LANE 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 11 JUL	£395,000	£286,909	38% above HPI
2013 27 SEP	£370,000	£206,837	79% above HPI
2007 1 JUN	£350,000	£223,454	57% above HPI

188 KELLS LANE 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 188 KELLS LANE sales between June 2007 and July 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 September 2013 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the July 2024 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 188 KELLS LANE?

188 KELLS LANE is 148m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 188 KELLS LANE lies on this distribution: 84% of detached houses are smaller than 188 KELLS LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

188 KELLS LANE: Plot and Title Map

188 KELLS LANE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 188 KELLS LANE, 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 188 KELLS LANE). 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 188 KELLS LANE?

188 KELLS LANE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 188 on KELLS LANE.