2, ALEXANDRA DRIVE, SWALWELL, NEWCASTLE UPON TYNE, NE16 3EL - £165,000

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

2 ALEXANDRA DRIVE is a very small semi-detached house of 83m², built sometime between 1950 and 1966. It was last sold for £165,000 in June 2014, which was around 20% below the average June 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

2 ALEXANDRA DRIVE Sold Prices

Land registry data shows two sales for 2 ALEXANDRA DRIVE 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 2 ALEXANDRA 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
2014 27 JUN	£165,000	£205,992	20% below HPI
2004 1 OCT	£157,000	£193,845	19% below HPI

2 ALEXANDRA 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 two 2 ALEXANDRA DRIVE sales from October 2004 and June 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 October 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 ALEXANDRA DRIVE?

2 ALEXANDRA DRIVE is 83m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 2 ALEXANDRA DRIVE lies on this distribution: 18% of detached houses are smaller than 2 ALEXANDRA DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Whickham.

2 ALEXANDRA DRIVE: Plot and Title Map

2 ALEXANDRA DRIVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 2 ALEXANDRA 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 2 ALEXANDRA 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 2 ALEXANDRA DRIVE?

2 ALEXANDRA DRIVE is located in SWALWELL, in the NE16 postcode district. The below map shows the position of No. 2 on ALEXANDRA DRIVE.