20, THE DRIVE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4RR - £138,000

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

20 THE DRIVE is a small extended detached house of 99m², built sometime between 1900 and 1929. It was last sold for £138,000 in September 2020, which was around 44% below the average September 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

20 THE DRIVE Sold Prices

Land registry data shows two sales for 20 THE DRIVE 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 20 THE DRIVE 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
2020 11 SEP	£138,000	£245,882	44% below HPI
2005 25 NOV	£146,000	£203,001	28% below HPI

20 THE DRIVE 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 20 THE DRIVE sales from November 2005 and September 2020 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 November 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 20 THE DRIVE?

20 THE DRIVE is 99m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 20 THE DRIVE lies on this distribution: 33% of detached houses are smaller than 20 THE DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Whickham.

20 THE DRIVE: Plot and Title Map

20 THE DRIVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 20 THE DRIVE, 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 20 THE DRIVE). 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 20 THE DRIVE?

20 THE DRIVE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 20 on THE DRIVE.