3, COPPERS CLOSE, GATESHEAD, NE11 9NJ - £249,000

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

3 COPPERS CLOSE is a midsized detached house of 106m², built sometime between 1996 and 2002. It was last sold for £249,000 in December 2023, which was around 11% below the average December 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

3 COPPERS CLOSE Sold Prices

Land registry data shows three sales for 3 COPPERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. One of the three 3 COPPERS CLOSE sales was for below the average price, whilst two 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
2023 21 DEC	£249,000	£280,347	11% below HPI
2013 22 NOV	£249,950	£205,238	22% above HPI
2001 24 JUL	£124,995	£97,223	29% above HPI

3 COPPERS 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 three 3 COPPERS CLOSE sales between July 2001 and December 2023 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 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 COPPERS CLOSE?

3 COPPERS CLOSE is 106m² according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 3 COPPERS CLOSE lies on this distribution: 51% of detached houses are smaller than 3 COPPERS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

3 COPPERS CLOSE: Plot and Title Map

3 COPPERS CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 3 COPPERS 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 3 COPPERS 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 3 COPPERS CLOSE?

3 COPPERS CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 3 on COPPERS CLOSE.