297, DURHAM ROAD, GATESHEAD, NE9 5AE - £383,000

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

297 DURHAM ROAD is a very large detached house of 144m², built sometime between 1930 and 1949. It was last sold for £383,000 in November 2020, which was around 52% above the average November 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

297 DURHAM ROAD Sold Prices

Land registry data shows two sales for 297 DURHAM ROAD 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 297 DURHAM ROAD 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
2020 20 NOV	£383,000	£251,569	52% above HPI
2005 16 MAY	£299,000	£188,609	59% above HPI

297 DURHAM ROAD 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 297 DURHAM ROAD sales from May 2005 and November 2020 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 2005 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the November 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 297 DURHAM ROAD?

297 DURHAM ROAD is 144m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 297 DURHAM ROAD lies on this distribution: 83% of detached houses are smaller than 297 DURHAM ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

297 DURHAM ROAD: Plot and Title Map

297 DURHAM ROAD sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 297 DURHAM ROAD, 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 297 DURHAM ROAD). 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 297 DURHAM ROAD?

297 DURHAM ROAD is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 297 on DURHAM ROAD.