2, CHURCH LANE, GATESHEAD, NE9 5RG - £160,000

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 CHURCH LANE is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £160,000 in December 2016, which was around 29% below the average December 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

2 CHURCH LANE Sold Prices

Land registry data shows three sales for 2 CHURCH 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 2 CHURCH LANE 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
2016 15 DEC	£160,000	£224,547	29% below HPI
2004 2 JUL	£141,000	£189,735	26% below HPI
1999 10 SEP	£68,500	£81,766	16% below HPI

2 CHURCH 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 2 CHURCH LANE sales between September 1999 and December 2016 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 July 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 CHURCH LANE?

2 CHURCH LANE is 90m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% 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 CHURCH LANE lies on this distribution: 30% of detached houses are smaller than 2 CHURCH LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 CHURCH LANE: Plot and Title Map

2 CHURCH LANE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 2 CHURCH 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 2 CHURCH 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 2 CHURCH LANE?

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