2, CHOWDENE BANK, GATESHEAD, NE9 6JD - £143,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CHOWDENE BANK is a midsized extended detached house of 105m², built sometime before 1900. It was last sold for £143,000 in November 2007, which was around 38% below the average November 2007 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

2 CHOWDENE BANK Sold Prices

Land registry data shows three sales for 2 CHOWDENE BANK 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 2 CHOWDENE BANK 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
2007 30 NOV	£143,000	£231,349	38% below HPI
2003 26 AUG	£87,000	£157,008	45% below HPI
2001 5 DEC	£53,000	£100,228	47% below HPI

2 CHOWDENE BANK 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 2 CHOWDENE BANK sales between December 2001 and November 2007 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 August 2003 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2007 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 CHOWDENE BANK?

2 CHOWDENE BANK is 105m², which includes one extension, according to the EPC inspection conducted in March 2009. 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 2 CHOWDENE BANK lies on this distribution: 50% of detached houses are smaller than 2 CHOWDENE BANK, and 50% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 CHOWDENE BANK: Plot and Title Map

2 CHOWDENE BANK sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 2 CHOWDENE BANK, 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 CHOWDENE BANK). 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 CHOWDENE BANK?

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