2, WOODWARD AVENUE, GATESHEAD, NE8 3FH - £192,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WOODWARD AVENUE is a large detached house of 114m², which could now be worth an estimated £229,942. It was last sold for £192,000 in January 2019, which was around 18% below the average January 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

2 WOODWARD AVENUE Sold Prices

Land registry data shows two sales for 2 WOODWARD AVENUE 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 WOODWARD AVENUE sales were 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
2019 25 JAN	£192,000	£234,638	18% below HPI
2012 29 JUN	£150,000	£193,994	23% below HPI

2 WOODWARD AVENUE 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 WOODWARD AVENUE sales from June 2012 and January 2019 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 June 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 WOODWARD AVENUE be worth now?

2 WOODWARD AVENUE might now be worth an estimated £229,942.

This is based on house price inflation of 19.8%, between January 2019 and February 2025, 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 19.8% inflationary increase is applied to the most recent sale price for 2 WOODWARD AVENUE of £192,000 on 25th January 2019. For the value to have increased from £192,000 to £229,942 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 WOODWARD AVENUE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2019 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODWARD AVENUE has not materially changed since January 2019.

How Large is 2 WOODWARD AVENUE?

2 WOODWARD AVENUE is 114m² according to the EPC inspection conducted in August 2012. This puts it in the largest 40% 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 WOODWARD AVENUE lies on this distribution: 61% of detached houses houses are smaller than 2 WOODWARD AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 WOODWARD AVENUE: Plot and Title Map

2 WOODWARD AVENUE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 WOODWARD AVENUE, 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 WOODWARD AVENUE). 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 WOODWARD AVENUE?

2 WOODWARD AVENUE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 2 on WOODWARD AVENUE.