2, GLADE DRIVE, NEWCASTLE UPON TYNE, NE15 9FL - £260,000

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 GLADE DRIVE is a small detached house of 103m², built in 2017, which could now be worth an estimated £292,809. It was last sold for £260,000 in July 2024, which was around 28% below the average July 2024 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was A.

2 GLADE DRIVE Sold Prices

Land registry data shows two sales for 2 GLADE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. Both of the two 2 GLADE DRIVE 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
2024 26 JUL	£260,000	£360,488	28% below HPI
2022 11 FEB	£258,950	£331,534	22% below HPI

2 GLADE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two 2 GLADE DRIVE sales from February 2022 and July 2024 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 2022 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 GLADE DRIVE be worth now?

2 GLADE DRIVE might now be worth an estimated £292,809.

This is based on house price inflation of 12.6%, between July 2024 and February 2025, for detached houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 2 GLADE DRIVE of £260,000 on 26th July 2024. For the value to have increased from £260,000 to £292,809 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 2 GLADE DRIVE has moved in line with the HPI for detached houses in the Newcastle upon Tyne local authority area.
• The July 2024 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GLADE DRIVE has not materially changed since July 2024.

How Large is 2 GLADE DRIVE?

2 GLADE DRIVE is 103m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses houses in Throckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Throckley, and where 2 GLADE DRIVE lies on this distribution: 26% of detached houses houses are smaller than 2 GLADE DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Throckley.

2 GLADE DRIVE: Plot and Title Map

2 GLADE DRIVE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 2 GLADE DRIVE, 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 GLADE DRIVE). 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 GLADE DRIVE?

2 GLADE DRIVE is located in NEWCASTLE UPON TYNE, in the NE15 postcode district. The below map shows the position of No. 2 on GLADE DRIVE.