3, SPA WELL CLOSE, BLAYDON-ON-TYNE, NE21 6LX - £179,950

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 SPA WELL CLOSE is a very small semi-detached house of 73m², built sometime between 1967 and 1975. It was last sold for £179,950 in August 2019, which was around 24% below the average August 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

3 SPA WELL CLOSE Sold Prices

Land registry data shows two sales for 3 SPA WELL 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 SPA WELL CLOSE 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
2019 29 AUG	£179,950	£237,717	24% below HPI
2002 12 DEC	£85,000	£122,018	30% below HPI

3 SPA WELL 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 SPA WELL CLOSE sales from December 2002 and August 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 December 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2019 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 SPA WELL CLOSE?

3 SPA WELL CLOSE is 73m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Blaydon, based on EPC data. The below chart shows the distribution of detached houses by size in Blaydon, and where 3 SPA WELL CLOSE lies on this distribution: 7% of detached houses are smaller than 3 SPA WELL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Blaydon.

3 SPA WELL CLOSE: Plot and Title Map

3 SPA WELL CLOSE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 3 SPA WELL 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 SPA WELL 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 SPA WELL CLOSE?

3 SPA WELL CLOSE is located in BLAYDON-ON-TYNE, in the NE21 postcode district. The below map shows the position of No. 3 on SPA WELL CLOSE.