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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 WESTACRES AVENUE is a small detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £365,534. It was last sold for £360,000 in November 2022, which was around 30% 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	£276,752	30% above HPI
2002 25 JUL	£130,500	£113,920	15% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 22 WESTACRES AVENUE be worth now?

22 WESTACRES AVENUE might now be worth an estimated £365,534.

This is based on house price inflation of 1.5%, between November 2022 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 22 WESTACRES AVENUE of £360,000 on 4th November 2022. For the value to have increased from £360,000 to £365,534 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 22 WESTACRES AVENUE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The November 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WESTACRES AVENUE has not materially changed since November 2022.

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 houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 22 WESTACRES AVENUE lies on this distribution: 39% of detached houses 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 0.130 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.