22, THE ORCHARD, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4HD - £275,000

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 THE ORCHARD is a small extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £275,000 in November 2022, which was around 1% below the average November 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

22 THE ORCHARD Sold Prices

Land registry data shows four sales for 22 THE ORCHARD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 22 THE ORCHARD 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
2022 7 NOV	£275,000	£278,627	1% below HPI
2017 22 JUN	£225,000	£231,014	3% below HPI
2006 20 JAN	£170,000	£204,708	17% below HPI
1997 25 APR	£75,000	£76,243	2% below HPI

22 THE ORCHARD 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 four 22 THE ORCHARD sales between April 1997 and November 2022 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 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 22 THE ORCHARD?

22 THE ORCHARD is 106m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 22 THE ORCHARD lies on this distribution: 39% of detached houses are smaller than 22 THE ORCHARD, and 60% of houses are larger. Note that EPC data is not available for all properties in Whickham.

22 THE ORCHARD: Plot and Title Map

22 THE ORCHARD sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 22 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

22 THE ORCHARD is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 22 on THE ORCHARD.