2, SHOTLEY GARDENS, GATESHEAD, NE9 5DP - £240,000

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 SHOTLEY GARDENS is a midsized extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £240,000 in November 2015, which was around 10% above the average November 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 SHOTLEY GARDENS Sold Prices

Land registry data shows two sales for 2 SHOTLEY GARDENS 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 SHOTLEY GARDENS sales was for above the average price, whilst the other was 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
2015 17 NOV	£240,000	£217,735	10% above HPI
2010 20 AUG	£200,000	£204,809	2% below HPI

2 SHOTLEY GARDENS 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 SHOTLEY GARDENS sales from August 2010 and November 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 August 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2015 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 SHOTLEY GARDENS?

2 SHOTLEY GARDENS is 99m², which includes one extension, according to the EPC inspection conducted in January 2023. 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 SHOTLEY GARDENS lies on this distribution: 42% of detached houses are smaller than 2 SHOTLEY GARDENS, and 57% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 SHOTLEY GARDENS: Plot and Title Map

2 SHOTLEY GARDENS sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 2 SHOTLEY GARDENS, 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 SHOTLEY GARDENS). 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 SHOTLEY GARDENS?

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