2, ORANGE GROVE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4TA - £237,500

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 ORANGE GROVE is a very small extended semi-detached house of 85m², built sometime between 1930 and 1949. It was last sold for £237,500 in April 2022, which was around 9% below the average April 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

2 ORANGE GROVE Sold Prices

Land registry data shows four sales for 2 ORANGE GROVE 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 ORANGE GROVE 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
2022 8 APR	£237,500	£260,783	9% below HPI
2013 30 AUG	£173,950	£204,180	15% below HPI
2011 17 JUN	£162,000	£200,472	19% below HPI
2004 27 AUG	£68,000	£196,045	65% below HPI

2 ORANGE GROVE 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 ORANGE GROVE sales between August 2004 and April 2022 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 August 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 ORANGE GROVE?

2 ORANGE GROVE is 85m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 2 ORANGE GROVE lies on this distribution: 19% of detached houses are smaller than 2 ORANGE GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Whickham.

2 ORANGE GROVE: Plot and Title Map

2 ORANGE GROVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 ORANGE GROVE, 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 ORANGE GROVE). 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 ORANGE GROVE?

2 ORANGE GROVE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 2 on ORANGE GROVE.