27, CORMORANT DRIVE, GATESHEAD, NE11 9LF - £155,000

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

27 CORMORANT DRIVE is a very small semi-detached house of 65m², built sometime between 1996 and 2002. It was last sold for £155,000 in June 2020, which was around 32% below the average June 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

27 CORMORANT DRIVE Sold Prices

Land registry data shows two sales for 27 CORMORANT DRIVE 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 27 CORMORANT DRIVE 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 5 JUN	£155,000	£228,010	32% below HPI
2002 13 SEP	£79,950	£117,723	32% below HPI

27 CORMORANT DRIVE 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 27 CORMORANT DRIVE sales from September 2002 and June 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 September 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2020 sale, which was also at 32% below the HPI.

How Large is 27 CORMORANT DRIVE?

27 CORMORANT DRIVE is 65m² according to the EPC inspection conducted in January 2020. 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 27 CORMORANT DRIVE lies on this distribution: 5% of detached houses are smaller than 27 CORMORANT DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

27 CORMORANT DRIVE: Plot and Title Map

27 CORMORANT DRIVE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 27 CORMORANT DRIVE, 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 27 CORMORANT DRIVE). 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 27 CORMORANT DRIVE?

27 CORMORANT DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 27 on CORMORANT DRIVE.