28, COLEGATE, GATESHEAD, NE10 8PN - £130,000

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

28 COLEGATE is a very small semi-detached house of 65m², built sometime between 1930 and 1949. It was last sold for £130,000 in July 2022, which was around 52% below the average July 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

28 COLEGATE Sold Prices

Land registry data shows two sales for 28 COLEGATE 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 28 COLEGATE 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
2022 15 JUL	£130,000	£273,121	52% below HPI
2014 13 MAY	£91,000	£203,434	55% below HPI

28 COLEGATE 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 28 COLEGATE sales from May 2014 and July 2022 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 May 2014 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the July 2022 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 28 COLEGATE?

28 COLEGATE is 65m² according to the EPC inspection conducted in November 2014. 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 28 COLEGATE lies on this distribution: 5% of detached houses are smaller than 28 COLEGATE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

28 COLEGATE: Plot and Title Map

28 COLEGATE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 28 COLEGATE, 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 28 COLEGATE). 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 28 COLEGATE?

28 COLEGATE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 28 on COLEGATE.