28, THATCHER CLOSE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5RS - £247,000

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

28 THATCHER CLOSE is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £247,000 in March 2018, which was around 8% above the average March 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

28 THATCHER CLOSE Sold Prices

Land registry data shows four sales for 28 THATCHER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 28 THATCHER CLOSE 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
2018 23 MAR	£247,000	£228,224	8% above HPI
2006 21 JUL	£240,000	£213,145	13% above HPI
2003 8 DEC	£205,000	£168,834	21% above HPI
2002 7 JUN	£138,000	£111,024	24% above HPI

28 THATCHER 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 four 28 THATCHER CLOSE sales between June 2002 and March 2018 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 July 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 28 THATCHER CLOSE?

28 THATCHER CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 28 THATCHER CLOSE lies on this distribution: 27% of detached houses are smaller than 28 THATCHER CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Whickham.

28 THATCHER CLOSE: Plot and Title Map

28 THATCHER CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 28 THATCHER 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 28 THATCHER 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 28 THATCHER CLOSE?

28 THATCHER CLOSE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 28 on THATCHER CLOSE.