25, HEATH CLOSE, GATESHEAD, NE11 9TF - £68,000

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

25 HEATH CLOSE is a very small detached house of 66m², built sometime between 2003 and 2006. It was last sold for £68,000 in September 2000, which was around 25% below the average September 2000 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

25 HEATH CLOSE Sold Prices

Land registry data shows two sales for 25 HEATH 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 25 HEATH 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
2000 1 SEP	£68,000	£90,141	25% below HPI
1995 16 NOV	£52,500	£69,537	25% below HPI

25 HEATH 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 25 HEATH CLOSE sales from November 1995 and September 2000 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 November 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2000 sale, which was also at 25% below the HPI.

How Large is 25 HEATH CLOSE?

25 HEATH CLOSE is 66m² according to the EPC inspection conducted in October 2018. 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 25 HEATH CLOSE lies on this distribution: 6% of detached houses are smaller than 25 HEATH CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

25 HEATH CLOSE: Plot and Title Map

25 HEATH CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 25 HEATH 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 25 HEATH 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 25 HEATH CLOSE?

25 HEATH CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 25 on HEATH CLOSE.