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
19 FINCHALE CLOSE is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £250,000 in November 2012, which was around 24% above the average November 2012 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 19 FINCHALE 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. All of the three 19 FINCHALE 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 |
---|---|---|---|
2012 2 NOV | £250,000 | £201,664 | 24% above HPI |
2004 15 APR | £205,000 | £170,755 | 20% above HPI |
1999 12 FEB | £109,000 | £80,570 | 35% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 19 FINCHALE CLOSE sales between February 1999 and November 2012 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 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2012 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.
19 FINCHALE CLOSE is 106m² according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 19 FINCHALE CLOSE lies on this distribution: 52% of detached houses are smaller than 19 FINCHALE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
19 FINCHALE CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 19 FINCHALE 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 19 FINCHALE 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.
19 FINCHALE CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 19 on FINCHALE CLOSE.