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 FERNDOWN COURT is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £159,950 in June 2017, which was around 31% below the average June 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 3 FERNDOWN COURT since 1st 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 3 FERNDOWN COURT 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 |
---|---|---|---|
2017 1 JUN | £159,950 | £231,014 | 31% below HPI |
2014 7 MAR | £115,000 | £205,077 | 44% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 3 FERNDOWN COURT sales from March 2014 and June 2017 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 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
3 FERNDOWN COURT is 61m² according to the EPC inspection conducted in July 2012. 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 3 FERNDOWN COURT lies on this distribution: 3% of detached houses are smaller than 3 FERNDOWN COURT, and 96% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
3 FERNDOWN COURT sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 3 FERNDOWN COURT, 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 FERNDOWN COURT). 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.
3 FERNDOWN COURT is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 3 on FERNDOWN COURT.