3, HAZEL ROAD, GATESHEAD, NE8 2EP - £141,000

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 HAZEL ROAD is a very small detached house of 71m², built sometime between 2003 and 2006. It was last sold for £141,000 in July 2004, which was around 26% below the average July 2004 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

3 HAZEL ROAD Sold Prices

Land registry data shows two sales for 3 HAZEL 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 3 HAZEL ROAD 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
2004 7 JUL	£141,000	£189,735	26% below HPI
2002 9 AUG	£68,950	£116,295	41% below HPI

3 HAZEL 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 3 HAZEL ROAD sales from August 2002 and July 2004 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 August 2002 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2004 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 HAZEL ROAD?

3 HAZEL ROAD is 71m² according to the EPC inspection conducted in July 2015. 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 HAZEL ROAD lies on this distribution: 8% of detached houses are smaller than 3 HAZEL ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

3 HAZEL ROAD: Plot and Title Map

3 HAZEL ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 3 HAZEL 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 3 HAZEL 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 3 HAZEL ROAD?

3 HAZEL ROAD is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 3 on HAZEL ROAD.