2, FRIARSIDE GARDENS, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4LF - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FRIARSIDE GARDENS is a small extended detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £353,168. It was last sold for £245,000 in March 2011, which was around 23% above the average March 2011 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

2 FRIARSIDE GARDENS Sold Prices

Land registry data shows three sales for 2 FRIARSIDE GARDENS 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. Two of the three 2 FRIARSIDE GARDENS sales were for above the average price, whilst one was 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
2011 28 MAR	£245,000	£198,491	23% above HPI
2003 21 NOV	£155,000	£160,757	4% below HPI
1996 19 JUL	£72,000	£70,534	2% above HPI

2 FRIARSIDE GARDENS 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 FRIARSIDE GARDENS sales between July 1996 and March 2011 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 November 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2011 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 FRIARSIDE GARDENS be worth now?

2 FRIARSIDE GARDENS might now be worth an estimated £353,168.

This is based on house price inflation of 44.2%, between March 2011 and December 2024, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.2% inflationary increase is applied to the most recent sale price for 2 FRIARSIDE GARDENS of £245,000 on 28th March 2011. For the value to have increased from £245,000 to £353,168 over the twelve years and three months to December 2024, the following assumptions must hold true:

• The value of 2 FRIARSIDE GARDENS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The March 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FRIARSIDE GARDENS has not materially changed since March 2011.

How Large is 2 FRIARSIDE GARDENS?

2 FRIARSIDE GARDENS is 89m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 2 FRIARSIDE GARDENS lies on this distribution: 22% of detached houses houses are smaller than 2 FRIARSIDE GARDENS, and 78% of houses are larger. Note that EPC data is not available for all properties in Whickham.

2 FRIARSIDE GARDENS: Plot and Title Map

2 FRIARSIDE GARDENS sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 2 FRIARSIDE GARDENS, 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 FRIARSIDE GARDENS). 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 FRIARSIDE GARDENS?

2 FRIARSIDE GARDENS is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 2 on FRIARSIDE GARDENS.