2, MEADOW RISE, GATESHEAD, NE9 6GE - £214,000

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 MEADOW RISE is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £214,000 in August 2007, which was around 6% below the average August 2007 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

2 MEADOW RISE Sold Prices

Land registry data shows two sales for 2 MEADOW RISE 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. One of the two 2 MEADOW RISE sales was for below the average price, whilst the other was 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
2007 31 AUG	£214,000	£228,054	6% below HPI
2000 6 OCT	£105,995	£90,587	17% above HPI

2 MEADOW RISE 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 MEADOW RISE sales from October 2000 and August 2007 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 October 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2007 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 MEADOW RISE?

2 MEADOW RISE is 100m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 2 MEADOW RISE lies on this distribution: 43% of detached houses are smaller than 2 MEADOW RISE, and 56% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 MEADOW RISE: Plot and Title Map

2 MEADOW RISE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 2 MEADOW RISE, 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 MEADOW RISE). 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 MEADOW RISE?

2 MEADOW RISE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 2 on MEADOW RISE.