2, REDHILL DRIVE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5TY - £418,000

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 REDHILL DRIVE is a very large extended detached house of 212m², built sometime between 1976 and 1982. It was last sold for £418,000 in March 2015, which was around 101% above the average March 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

2 REDHILL DRIVE Sold Prices

Land registry data shows six sales for 2 REDHILL DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the six 2 REDHILL DRIVE 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
2015 12 MAR	£418,000	£207,757	101% above HPI
2010 23 JUL	£413,000	£200,939	106% above HPI
2007 4 JUN	£415,000	£223,454	86% above HPI
2007 4 MAY	£415,000	£219,537	89% above HPI
2004 22 JUL	£377,500	£189,735	99% above HPI
2000 31 JAN	£185,000	£86,611	114% above HPI

2 REDHILL DRIVE 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 six 2 REDHILL DRIVE sales between January 2000 and March 2015 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 July 2010 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the March 2015 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is 2 REDHILL DRIVE?

2 REDHILL DRIVE is 212m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 10% 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 REDHILL DRIVE lies on this distribution: 92% of detached houses are smaller than 2 REDHILL DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Whickham.

2 REDHILL DRIVE: Plot and Title Map

2 REDHILL DRIVE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 2 REDHILL 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 REDHILL 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 REDHILL DRIVE?

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