22, WESTACRES AVENUE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5AG - £360,000

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

22 WESTACRES AVENUE is a small detached house of 106m², built sometime between 1950 and 1966. It was last sold for £360,000 in November 2022, which was around 29% above the average November 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was D.

22 WESTACRES AVENUE Sold Prices

Land registry data shows two sales for 22 WESTACRES AVENUE 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 WESTACRES AVENUE 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
2022 4 NOV	£360,000	£278,627	29% above HPI
2002 25 JUL	£130,500	£114,692	14% above HPI

22 WESTACRES AVENUE 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 WESTACRES AVENUE sales from July 2002 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 July 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 22 WESTACRES AVENUE?

22 WESTACRES AVENUE is 106m² according to the EPC inspection conducted in May 2022. 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 WESTACRES AVENUE lies on this distribution: 39% of detached houses are smaller than 22 WESTACRES AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in Whickham.

22 WESTACRES AVENUE: Plot and Title Map

22 WESTACRES AVENUE sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 22 WESTACRES AVENUE, 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 WESTACRES AVENUE). 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 WESTACRES AVENUE?

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