2, SKIPPER CLOSE, GATESHEAD, NE11 9NG - £130,500

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 SKIPPER CLOSE is a small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £382,125. It was last sold for £130,500 in March 2002, which was around 34% above the average March 2002 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

2 SKIPPER CLOSE Sold Prices

Land registry data shows two sales for 2 SKIPPER CLOSE 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. Both of the two 2 SKIPPER CLOSE 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
2002 28 MAR	£130,500	£97,715	34% above HPI
2001 30 MAR	£103,995	£91,982	13% above HPI

2 SKIPPER CLOSE 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 SKIPPER CLOSE sales from March 2001 and March 2002 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 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2002 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 2 SKIPPER CLOSE be worth now?

2 SKIPPER CLOSE might now be worth an estimated £382,125.

This is based on house price inflation of 192.8%, between March 2002 and December 2024, for 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 192.8% inflationary increase is applied to the most recent sale price for 2 SKIPPER CLOSE of £130,500 on 28th March 2002. For the value to have increased from £130,500 to £382,125 over the 21 years and three months to December 2024, the following assumptions must hold true:

• The value of 2 SKIPPER CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The March 2002 sale price of £130,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SKIPPER CLOSE has not materially changed since March 2002.

How Large is 2 SKIPPER CLOSE?

2 SKIPPER CLOSE is 88m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 2 SKIPPER CLOSE lies on this distribution: 27% of detached houses houses are smaller than 2 SKIPPER CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 SKIPPER CLOSE: Plot and Title Map

2 SKIPPER CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 SKIPPER CLOSE, 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 SKIPPER CLOSE). 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 SKIPPER CLOSE?

2 SKIPPER CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 2 on SKIPPER CLOSE.