2, SIMONSIDE WALK, LOBLEY HILL, GATESHEAD, NE11 0AG - £185,000

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 SIMONSIDE WALK is a midsized detached house of 100m², built sometime between 1976 and 1982. It was last sold for £185,000 in January 2013, which was around 9% below the average January 2013 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

2 SIMONSIDE WALK Sold Prices

Land registry data shows three sales for 2 SIMONSIDE WALK 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. Two of the three 2 SIMONSIDE WALK sales were for below the average price, whilst one was 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
2013 14 JAN	£185,000	£203,214	9% below HPI
2003 21 MAR	£136,500	£125,076	9% above HPI
1995 27 OCT	£65,000	£70,431	8% below HPI

2 SIMONSIDE WALK 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 SIMONSIDE WALK sales between October 1995 and January 2013 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 March 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2013 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 SIMONSIDE WALK?

2 SIMONSIDE WALK is 100m² according to the EPC inspection conducted in November 2014. 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 SIMONSIDE WALK lies on this distribution: 43% of detached houses are smaller than 2 SIMONSIDE WALK, and 56% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 SIMONSIDE WALK: Plot and Title Map

2 SIMONSIDE WALK sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 2 SIMONSIDE WALK, 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 SIMONSIDE WALK). 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 SIMONSIDE WALK?

2 SIMONSIDE WALK is located in LOBLEY HILL, in the NE11 postcode district. The below map shows the position of No. 2 on SIMONSIDE WALK.