2, BLUEBELL CLOSE, GATESHEAD, NE9 6RF - £135,000

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 BLUEBELL CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £135,000 in March 2014, which was around 34% below the average March 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

2 BLUEBELL CLOSE Sold Prices

Land registry data shows two sales for 2 BLUEBELL CLOSE 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 BLUEBELL CLOSE 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 21 MAR	£135,000	£205,077	34% below HPI
1999 8 OCT	£80,995	£84,037	4% below HPI

2 BLUEBELL CLOSE 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 BLUEBELL CLOSE sales from October 1999 and March 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 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 BLUEBELL CLOSE?

2 BLUEBELL CLOSE is 76m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 2 BLUEBELL CLOSE lies on this distribution: 11% of detached houses are smaller than 2 BLUEBELL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 BLUEBELL CLOSE: Plot and Title Map

2 BLUEBELL CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 BLUEBELL 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 2 BLUEBELL 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.

Where is 2 BLUEBELL CLOSE?

2 BLUEBELL CLOSE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 2 on BLUEBELL CLOSE.