2, LOW WEST AVENUE, ROWLANDS GILL, NE39 1EA - £100,000

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 LOW WEST AVENUE is a very small extended detached house of 81m², built sometime between 1900 and 1929. It was last sold for £100,000 in November 2008, which was around 52% below the average November 2008 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2008, where the current energy rating was G, and the potential energy rating was E.

2 LOW WEST AVENUE Sold Prices

Land registry data shows four sales for 2 LOW WEST AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 2 LOW WEST AVENUE 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
2008 21 NOV	£100,000	£209,812	52% below HPI
2007 29 JUN	£205,000	£223,454	8% below HPI
2004 4 AUG	£127,000	£196,045	35% below HPI
1995 30 JUN	£49,000	£73,132	33% below HPI

2 LOW WEST AVENUE 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 four 2 LOW WEST AVENUE sales between June 1995 and November 2008 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2008 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 LOW WEST AVENUE?

2 LOW WEST AVENUE is 81m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% 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 LOW WEST AVENUE lies on this distribution: 12% of detached houses are smaller than 2 LOW WEST AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

2 LOW WEST AVENUE: Plot and Title Map

2 LOW WEST AVENUE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 2 LOW WEST AVENUE, 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 LOW WEST AVENUE). 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 LOW WEST AVENUE?

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