27, FOUNTAINS CLOSE, GATESHEAD, NE11 9PX - £194,950

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

27 FOUNTAINS CLOSE is a midsized extended semi-detached house of 101m², built sometime between 1991 and 1995. It was last sold for £194,950 in October 2015, which was around 10% below the average October 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

27 FOUNTAINS CLOSE Sold Prices

Land registry data shows two sales for 27 FOUNTAINS 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 27 FOUNTAINS 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
2015 30 OCT	£194,950	£217,798	10% below HPI
1997 26 SEP	£74,000	£78,254	5% below HPI

27 FOUNTAINS 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 27 FOUNTAINS CLOSE sales from September 1997 and October 2015 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 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 27 FOUNTAINS CLOSE?

27 FOUNTAINS CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% 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 FOUNTAINS CLOSE lies on this distribution: 45% of detached houses are smaller than 27 FOUNTAINS CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

27 FOUNTAINS CLOSE: Plot and Title Map

27 FOUNTAINS CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 27 FOUNTAINS 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 27 FOUNTAINS 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 27 FOUNTAINS CLOSE?

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