2, RUNNYMEDE ROAD, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4LD - £155,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 RUNNYMEDE ROAD is a very small extended semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £187,537. It was last sold for £155,000 in October 2018, which was around 9% above the average October 2018 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

2 RUNNYMEDE ROAD Sold Prices

Land registry data shows three sales for 2 RUNNYMEDE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the three 2 RUNNYMEDE ROAD 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
2018 4 OCT	£155,000	£142,640	9% above HPI
2001 21 SEP	£99,500	£55,003	81% above HPI
2001 29 JUN	£78,500	£53,129	48% above HPI

2 RUNNYMEDE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 2 RUNNYMEDE ROAD sales between June 2001 and October 2018 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 September 2001 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the October 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 RUNNYMEDE ROAD be worth now?

2 RUNNYMEDE ROAD might now be worth an estimated £187,537.

This is based on house price inflation of 21%, between October 2018 and February 2025, for semi-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 21% inflationary increase is applied to the most recent sale price for 2 RUNNYMEDE ROAD of £155,000 on 4th October 2018. For the value to have increased from £155,000 to £187,537 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 RUNNYMEDE ROAD has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The October 2018 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RUNNYMEDE ROAD has not materially changed since October 2018.

How Large is 2 RUNNYMEDE ROAD?

2 RUNNYMEDE ROAD is 83m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of semi-detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whickham, and where 2 RUNNYMEDE ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 2 RUNNYMEDE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Whickham.

2 RUNNYMEDE ROAD: Plot and Title Map

2 RUNNYMEDE ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 RUNNYMEDE ROAD, 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 RUNNYMEDE ROAD). 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 RUNNYMEDE ROAD?

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