23, PARKLANDS WAY, WARDLEY, GATESHEAD, NE10 8GA - £204,750

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

23 PARKLANDS WAY is a very small extended semi-detached house of 75m², built sometime between 1996 and 2002. It was last sold for £204,750 in March 2023, which was around 25% below the average March 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

23 PARKLANDS WAY Sold Prices

Land registry data shows four sales for 23 PARKLANDS WAY 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 23 PARKLANDS WAY 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
2023 16 MAR	£204,750	£272,834	25% below HPI
2017 10 JUL	£176,000	£228,591	23% below HPI
2011 15 APR	£169,950	£201,999	16% below HPI
1998 20 NOV	£63,750	£79,723	20% below HPI

23 PARKLANDS WAY 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 23 PARKLANDS WAY sales between November 1998 and March 2023 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 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 23 PARKLANDS WAY?

23 PARKLANDS WAY is 75m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 23 PARKLANDS WAY lies on this distribution: 11% of detached houses are smaller than 23 PARKLANDS WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

23 PARKLANDS WAY: Plot and Title Map

23 PARKLANDS WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 23 PARKLANDS WAY, 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 23 PARKLANDS WAY). 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 23 PARKLANDS WAY?

23 PARKLANDS WAY is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 23 on PARKLANDS WAY.