2, GILL BURN, ROWLANDS GILL, NE39 2PT - £575,100

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 GILL BURN is a very large detached house of 235m², built sometime between 1996 and 2002. It was last sold for £575,100 in June 2021, which was around 132% above the average June 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 GILL BURN Sold Prices

Land registry data shows two sales for 2 GILL BURN 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 GILL BURN 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
2021 21 JUN	£575,100	£247,961	132% above HPI
2001 16 FEB	£231,000	£92,468	150% above HPI

2 GILL BURN 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 GILL BURN sales from February 2001 and June 2021 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 February 2001 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the June 2021 sale, where it falls to 132% above the HPI. The line then continues to track at 132% above the HPI.

How Large is 2 GILL BURN?

2 GILL BURN is 235m² according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses by size in Rowlands Gill, and where 2 GILL BURN lies on this distribution: 92% of detached houses are smaller than 2 GILL BURN, and 8% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

2 GILL BURN: Plot and Title Map

2 GILL BURN sits on a plot of roughly 0.360 of an acre, or 1,458m². The below map shows the location of 2 GILL BURN, 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 GILL BURN). 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 GILL BURN?

2 GILL BURN is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 2 on GILL BURN.