24, SLALEY CLOSE, GATESHEAD, NE10 8TW - £175,000

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

24 SLALEY CLOSE is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £175,000 in December 2009, which was around 13% below the average December 2009 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

24 SLALEY CLOSE Sold Prices

Land registry data shows two sales for 24 SLALEY CLOSE 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 24 SLALEY 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
2009 11 DEC	£175,000	£201,378	13% below HPI
1996 6 DEC	£59,950	£71,499	16% below HPI

24 SLALEY 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 two 24 SLALEY CLOSE sales from December 1996 and December 2009 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 December 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2009 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 24 SLALEY CLOSE?

24 SLALEY CLOSE is 82m² according to the EPC inspection conducted in October 2008. 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 24 SLALEY CLOSE lies on this distribution: 19% of detached houses are smaller than 24 SLALEY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

24 SLALEY CLOSE: Plot and Title Map

24 SLALEY CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 24 SLALEY 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 SLALEY 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 SLALEY CLOSE?

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