27A, GRANGE LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5AD - £435,000

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

27A GRANGE LANE is a large detached house of 153m², built sometime between 1996 and 2002. It was last sold for £435,000 in September 2017, which was around 92% above the average September 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.

27A GRANGE LANE Sold Prices

Land registry data shows two sales for 27A GRANGE LANE 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 27A GRANGE LANE sales were for above 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
2017 13 SEP	£435,000	£226,985	92% above HPI
2014 14 NOV	£379,950	£212,826	79% above HPI

27A GRANGE LANE 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 27A GRANGE LANE sales from November 2014 and September 2017 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 2014 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the September 2017 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is 27A GRANGE LANE?

27A GRANGE LANE is 153m² according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 27A GRANGE LANE lies on this distribution: 77% of detached houses are smaller than 27A GRANGE LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Whickham.

27A GRANGE LANE: Plot and Title Map

27A GRANGE LANE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 27A GRANGE LANE, 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 27A GRANGE LANE). 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 27A GRANGE LANE?

27A GRANGE LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 27A on GRANGE LANE.