22, PARKLANDS, GATESHEAD, NE10 8YP - £123,000

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

22 PARKLANDS is a very small semi-detached house of 60m², built sometime between 1991 and 1995. It was last sold for £123,000 in April 2014, which was around 40% below the average April 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

22 PARKLANDS Sold Prices

Land registry data shows two sales for 22 PARKLANDS 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 22 PARKLANDS 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
2014 25 APR	£123,000	£205,667	40% below HPI
2001 30 NOV	£58,950	£99,687	41% below HPI

22 PARKLANDS 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 22 PARKLANDS sales from November 2001 and April 2014 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 2001 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 22 PARKLANDS?

22 PARKLANDS is 60m² according to the EPC inspection conducted in October 2013. 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 22 PARKLANDS lies on this distribution: 3% of detached houses are smaller than 22 PARKLANDS, and 97% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

22 PARKLANDS: Plot and Title Map

22 PARKLANDS sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 22 PARKLANDS, 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 22 PARKLANDS). 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 22 PARKLANDS?

22 PARKLANDS is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 22 on PARKLANDS.