29, TOWNELEY FIELDS, ROWLANDS GILL, NE39 1RB - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 TOWNELEY FIELDS is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £325,221. It was last sold for £265,000 in November 2019, which was around 16% above the average November 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

29 TOWNELEY FIELDS Sold Prices

Land registry data shows two sales for 29 TOWNELEY FIELDS 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. One of the two 29 TOWNELEY FIELDS sales was for above the average price, whilst the other was 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
2019 14 NOV	£265,000	£228,972	16% above HPI
2016 1 MAR	£198,000	£214,155	8% below HPI

29 TOWNELEY FIELDS 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 29 TOWNELEY FIELDS sales from March 2016 and November 2019 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 March 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 29 TOWNELEY FIELDS be worth now?

29 TOWNELEY FIELDS might now be worth an estimated £325,221.

This is based on house price inflation of 22.7%, between November 2019 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for 29 TOWNELEY FIELDS of £265,000 on 14th November 2019. For the value to have increased from £265,000 to £325,221 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 29 TOWNELEY FIELDS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The November 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 29 TOWNELEY FIELDS has not materially changed since November 2019.

How Large is 29 TOWNELEY FIELDS?

29 TOWNELEY FIELDS is 74m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowlands Gill, and where 29 TOWNELEY FIELDS lies on this distribution: 6% of detached houses houses are smaller than 29 TOWNELEY FIELDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

29 TOWNELEY FIELDS: Plot and Title Map

29 TOWNELEY FIELDS sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 29 TOWNELEY FIELDS, 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 29 TOWNELEY FIELDS). 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 29 TOWNELEY FIELDS?

29 TOWNELEY FIELDS is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 29 on TOWNELEY FIELDS.