3, MULBERRY PARK, LOW FELL, GATESHEAD, NE9 5RZ - £390,000

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

3 MULBERRY PARK is a very large extended detached house of 197m², built sometime between 1996 and 2002. It was last sold for £390,000 in January 2018, which was around 71% above the average January 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

3 MULBERRY PARK Sold Prices

Land registry data shows four sales for 3 MULBERRY PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 3 MULBERRY PARK 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
2018 12 JAN	£390,000	£227,848	71% above HPI
2014 21 MAR	£367,000	£205,077	79% above HPI
2004 23 JAN	£299,950	£171,465	75% above HPI
2002 29 MAY	£187,500	£107,665	74% above HPI

3 MULBERRY PARK 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 four 3 MULBERRY PARK sales between May 2002 and January 2018 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 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the January 2018 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 3 MULBERRY PARK?

3 MULBERRY PARK is 197m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 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 MULBERRY PARK lies on this distribution: 94% of detached houses are smaller than 3 MULBERRY PARK, and 6% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

3 MULBERRY PARK: Plot and Title Map

3 MULBERRY PARK sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 3 MULBERRY PARK, 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 MULBERRY PARK). 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 MULBERRY PARK?

3 MULBERRY PARK is located in LOW FELL, in the NE9 postcode district. The below map shows the position of No. 3 on MULBERRY PARK.