2, COPPERS CLOSE, GATESHEAD, NE11 9NJ - £335,000

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 COPPERS CLOSE is a large extended detached house of 122m², built sometime between 2003 and 2006. It was last sold for £335,000 in February 2023, which was around 22% above the average February 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

2 COPPERS CLOSE Sold Prices

Land registry data shows two sales for 2 COPPERS 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 COPPERS 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
2023 10 FEB	£335,000	£274,719	22% above HPI
2001 29 JUN	£117,995	£94,253	25% above HPI

2 COPPERS 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 COPPERS CLOSE sales from June 2001 and February 2023 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 June 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2023 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 2 COPPERS CLOSE?

2 COPPERS CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% 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 COPPERS CLOSE lies on this distribution: 70% of detached houses are smaller than 2 COPPERS CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 COPPERS CLOSE: Plot and Title Map

2 COPPERS CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 2 COPPERS 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 COPPERS 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 COPPERS CLOSE?

2 COPPERS CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 2 on COPPERS CLOSE.