2, NORHURST, NEWCASTLE UPON TYNE, NE16 5UX - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NORHURST is a very large detached house of 163m², built sometime between 1976 and 1982, which could now be worth an estimated £555,300. It was last sold for £400,000 in April 2014, which was around 96% above the average April 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

2 NORHURST Sold Prices

Land registry data shows three sales for 2 NORHURST since 1^st 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. All of the three 2 NORHURST 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
2014 4 APR	£400,000	£204,283	96% above HPI
2000 12 OCT	£184,000	£89,977	104% above HPI
1995 21 JUL	£165,000	£73,087	126% above HPI

2 NORHURST 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 three 2 NORHURST sales between July 1995 and April 2014 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 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the April 2014 sale, where it falls to 96% above the HPI. The line then continues to track at 96% above the HPI.

What might 2 NORHURST be worth now?

2 NORHURST might now be worth an estimated £555,300.

This is based on house price inflation of 38.8%, between April 2014 and March 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.8% inflationary increase is applied to the most recent sale price for 2 NORHURST of £400,000 on 4th April 2014. For the value to have increased from £400,000 to £555,300 over the eleven years and one month to March 2025, the following assumptions must hold true:

• The value of 2 NORHURST has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The April 2014 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NORHURST has not materially changed since April 2014.

How Large is 2 NORHURST?

2 NORHURST is 163m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 2 NORHURST lies on this distribution: 81% of detached houses houses are smaller than 2 NORHURST, and 18% of houses are larger. Note that EPC data is not available for all properties in Whickham.

2 NORHURST: Plot and Title Map

2 NORHURST sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 2 NORHURST, 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 NORHURST). 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 NORHURST?

2 NORHURST is located in NEWCASTLE UPON TYNE, in the NE16 postcode district. The below map shows the position of No. 2 on NORHURST.