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 FRIARSIDE GARDENS is a small extended detached house of 89m², built sometime between 1950 and 1966. 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.
Land registry data shows three sales for 2 FRIARSIDE GARDENS since 1st 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 | £199,836 | 23% above HPI |
2003 21 NOV | £155,000 | £161,847 | 4% below HPI |
1996 19 JUL | £72,000 | £71,012 | 1% above HPI |
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.
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 in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 2 FRIARSIDE GARDENS lies on this distribution: 23% of detached houses are smaller than 2 FRIARSIDE GARDENS, and 77% of houses are larger. Note that EPC data is not available for all properties in Whickham.
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.
2 FRIARSIDE GARDENS is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 2 on FRIARSIDE GARDENS.