24, BOWBURN CLOSE, GATESHEAD, NE10 8UG - £160,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

24 BOWBURN CLOSE is a very small semi-detached house of 48m², built sometime between 1983 and 1990. It was last sold for £160,000 in November 2020, which was around 36% below the average November 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

24 BOWBURN CLOSE Sold Prices

Land registry data shows three sales for 24 BOWBURN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 24 BOWBURN CLOSE 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
2020 13 NOV	£160,000	£251,569	36% below HPI
2015 22 MAY	£153,000	£209,137	27% below HPI
2006 1 DEC	£175,000	£213,735	18% below HPI

24 BOWBURN CLOSE 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 three 24 BOWBURN CLOSE sales between December 2006 and November 2020 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 May 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 24 BOWBURN CLOSE?

24 BOWBURN CLOSE is 48m² according to the EPC inspection conducted in January 2011. 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 24 BOWBURN CLOSE lies on this distribution: 1% of detached houses are smaller than 24 BOWBURN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

24 BOWBURN CLOSE: Plot and Title Map

24 BOWBURN CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 24 BOWBURN CLOSE, 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 24 BOWBURN CLOSE). 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 24 BOWBURN CLOSE?

24 BOWBURN CLOSE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 24 on BOWBURN CLOSE.