209, REDGRAVE CLOSE, GATESHEAD, NE8 3JT - £238,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

209 REDGRAVE CLOSE is a very large extended detached house of 189m², built sometime between 2003 and 2006. It was last sold for £238,000 in November 2010, which was around 14% above the average November 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

209 REDGRAVE CLOSE Sold Prices

Land registry data shows two sales for 209 REDGRAVE 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 209 REDGRAVE 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
2010 26 NOV	£238,000	£209,067	14% above HPI
2004 28 MAY	£249,950	£176,374	42% above HPI

209 REDGRAVE 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 209 REDGRAVE CLOSE sales from May 2004 and November 2010 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 May 2004 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2010 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 209 REDGRAVE CLOSE?

209 REDGRAVE CLOSE is 189m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 209 REDGRAVE CLOSE lies on this distribution: 93% of detached houses are smaller than 209 REDGRAVE CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

209 REDGRAVE CLOSE: Plot and Title Map

209 REDGRAVE CLOSE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 209 REDGRAVE 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 209 REDGRAVE 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 209 REDGRAVE CLOSE?

209 REDGRAVE CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 209 on REDGRAVE CLOSE.