27, JUBILEE COURT, GATESHEAD, NE8 2EQ - £160,000

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

27 JUBILEE COURT is a very small extended detached house of 70m², built sometime between 1996 and 2002. It was last sold for £160,000 in October 2023, which was around 42% below the average October 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

27 JUBILEE COURT Sold Prices

Land registry data shows two sales for 27 JUBILEE COURT 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 JUBILEE COURT 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
2023 6 OCT	£160,000	£276,505	42% below HPI
2002 13 DEC	£79,950	£122,018	34% below HPI

27 JUBILEE COURT 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 JUBILEE COURT sales from December 2002 and October 2023 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 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 27 JUBILEE COURT?

27 JUBILEE COURT is 70m², which includes one extension, according to the EPC inspection conducted in July 2023. 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 JUBILEE COURT lies on this distribution: 8% of detached houses are smaller than 27 JUBILEE COURT, and 92% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

27 JUBILEE COURT: Plot and Title Map

27 JUBILEE COURT sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 27 JUBILEE COURT, 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 JUBILEE COURT). 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 JUBILEE COURT?

27 JUBILEE COURT is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 27 on JUBILEE COURT.