21, HERITAGE CLOSE, GATESHEAD, NE8 2PT - £107,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

21 HERITAGE CLOSE is a very small semi-detached house of 57m², built sometime between 2003 and 2006. It was last sold for £107,500 in May 2016, which was around 51% below the average May 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

21 HERITAGE CLOSE Sold Prices

Land registry data shows three sales for 21 HERITAGE CLOSE 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. All of the three 21 HERITAGE CLOSE 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
2016 6 MAY	£107,500	£219,014	51% below HPI
2005 1 JUL	£106,000	£200,893	47% below HPI
2004 17 SEP	£85,995	£196,072	56% below HPI

21 HERITAGE 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 three 21 HERITAGE CLOSE sales between September 2004 and May 2016 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 July 2005 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2016 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 21 HERITAGE CLOSE?

21 HERITAGE CLOSE is 57m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 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 21 HERITAGE CLOSE lies on this distribution: 2% of detached houses are smaller than 21 HERITAGE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

21 HERITAGE CLOSE: Plot and Title Map

21 HERITAGE CLOSE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 21 HERITAGE 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 21 HERITAGE 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 21 HERITAGE CLOSE?

21 HERITAGE CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 21 on HERITAGE CLOSE.