3, SIMONSIDE WALK, LOBLEY HILL, GATESHEAD, NE11 0AG - £220,000

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 SIMONSIDE WALK is a very large extended detached house of 174m², built sometime between 1996 and 2002. It was last sold for £220,000 in January 2018, which was around 3% below the average January 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

3 SIMONSIDE WALK Sold Prices

Land registry data shows four sales for 3 SIMONSIDE WALK 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. two of the four 3 SIMONSIDE WALK sales were for below the average price, and four 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 2 JAN	£220,000	£226,314	3% below HPI
2007 30 OCT	£240,000	£227,171	6% above HPI
2002 26 FEB	£125,000	£96,476	30% above HPI
1997 7 OCT	£74,550	£75,367	1% below HPI

3 SIMONSIDE WALK 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 SIMONSIDE WALK sales between October 1997 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 October 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 SIMONSIDE WALK be worth now?

3 SIMONSIDE WALK might now be worth an estimated £278,142.

This is based on house price inflation of 26.4%, between January 2018 and December 2024, 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 26.4% inflationary increase is applied to the most recent sale price for 3 SIMONSIDE WALK of £220,000 on 2nd January 2018. For the value to have increased from £220,000 to £278,142 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 3 SIMONSIDE WALK has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SIMONSIDE WALK has not materially changed since January 2018.

How Large is 3 SIMONSIDE WALK?

3 SIMONSIDE WALK is 174m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 3 SIMONSIDE WALK lies on this distribution: 91% of detached houses houses are smaller than 3 SIMONSIDE WALK, and 8% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

3 SIMONSIDE WALK: Plot and Title Map

3 SIMONSIDE WALK sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 3 SIMONSIDE WALK, 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 SIMONSIDE WALK). 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 SIMONSIDE WALK?

3 SIMONSIDE WALK is located in LOBLEY HILL, in the NE11 postcode district. The below map shows the position of No. 3 on SIMONSIDE WALK.