3, SHERBURN PARK DRIVE, ROWLANDS GILL, NE39 1QW - £160,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 SHERBURN PARK DRIVE is a very small semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £198,425. It was last sold for £160,250 in April 2019, which was around 15% above the average April 2019 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

3 SHERBURN PARK DRIVE Sold Prices

Land registry data shows two sales for 3 SHERBURN PARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 3 SHERBURN PARK DRIVE 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
2019 26 APR	£160,250	£139,379	15% above HPI
1995 25 JAN	£59,000	£43,164	37% above HPI

3 SHERBURN PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 3 SHERBURN PARK DRIVE sales from January 1995 and April 2019 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 January 1995 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 SHERBURN PARK DRIVE be worth now?

3 SHERBURN PARK DRIVE might now be worth an estimated £198,425.

This is based on house price inflation of 23.8%, between April 2019 and February 2025, for semi-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 23.8% inflationary increase is applied to the most recent sale price for 3 SHERBURN PARK DRIVE of £160,250 on 26th April 2019. For the value to have increased from £160,250 to £198,425 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 3 SHERBURN PARK DRIVE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The April 2019 sale price of £160,250 represented a fair market value for the property.
• The size, condition, and specification of 3 SHERBURN PARK DRIVE has not materially changed since April 2019.

How Large is 3 SHERBURN PARK DRIVE?

3 SHERBURN PARK DRIVE is 77m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of semi-detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rowlands Gill, and where 3 SHERBURN PARK DRIVE lies on this distribution: 6% of semi-detached houses houses are smaller than 3 SHERBURN PARK DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

3 SHERBURN PARK DRIVE: Plot and Title Map

3 SHERBURN PARK DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 3 SHERBURN PARK DRIVE, 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 SHERBURN PARK DRIVE). 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 SHERBURN PARK DRIVE?

3 SHERBURN PARK DRIVE is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 3 on SHERBURN PARK DRIVE.