3, RAVENSCAR CLOSE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5TW - £218,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 RAVENSCAR CLOSE is a small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £300,501. It was last sold for £218,000 in November 2013, which was around 7% above the average November 2013 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

3 RAVENSCAR CLOSE Sold Prices

Land registry data shows two sales for 3 RAVENSCAR CLOSE 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 RAVENSCAR CLOSE 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
2013 22 NOV	£218,000	£203,857	7% above HPI
1999 29 NOV	£94,500	£84,742	12% above HPI

3 RAVENSCAR 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 two 3 RAVENSCAR CLOSE sales from November 1999 and November 2013 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 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2013 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 RAVENSCAR CLOSE be worth now?

3 RAVENSCAR CLOSE might now be worth an estimated £300,501.

This is based on house price inflation of 37.8%, between November 2013 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.8% inflationary increase is applied to the most recent sale price for 3 RAVENSCAR CLOSE of £218,000 on 22nd November 2013. For the value to have increased from £218,000 to £300,501 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 RAVENSCAR CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The November 2013 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RAVENSCAR CLOSE has not materially changed since November 2013.

How Large is 3 RAVENSCAR CLOSE?

3 RAVENSCAR CLOSE is 91m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 3 RAVENSCAR CLOSE lies on this distribution: 25% of detached houses houses are smaller than 3 RAVENSCAR CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Whickham.

3 RAVENSCAR CLOSE: Plot and Title Map

3 RAVENSCAR CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 3 RAVENSCAR 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 RAVENSCAR 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 RAVENSCAR CLOSE?

3 RAVENSCAR CLOSE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 3 on RAVENSCAR CLOSE.