3, THE FLIGHT, WINLATON, BLAYDON-ON-TYNE, NE21 6DW - £260,000

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 THE FLIGHT is a very large detached house of 185m², built sometime between 1991 and 1995. It was last sold for £260,000 in September 2016, which was around 16% above the average September 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

3 THE FLIGHT Sold Prices

Land registry data shows four sales for 3 THE FLIGHT 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 THE FLIGHT sales were for above the average price, and four 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
2016 13 SEP	£260,000	£224,980	16% above HPI
2015 16 OCT	£215,000	£217,798	1% below HPI
2007 6 JUL	£215,000	£225,343	5% below HPI
1998 21 AUG	£95,000	£78,203	21% above HPI

3 THE FLIGHT 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 THE FLIGHT sales between August 1998 and September 2016 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 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2016 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 3 THE FLIGHT?

3 THE FLIGHT is 185m² according to the EPC inspection conducted in May 2014. This puts it in the largest 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 THE FLIGHT lies on this distribution: 93% of detached houses are smaller than 3 THE FLIGHT, and 7% of houses are larger. Note that EPC data is not available for all properties in Blaydon.

3 THE FLIGHT: Plot and Title Map

3 THE FLIGHT sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 THE FLIGHT, 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 THE FLIGHT). 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 THE FLIGHT?

3 THE FLIGHT is located in WINLATON, in the NE21 postcode district. The below map shows the position of No. 3 on THE FLIGHT.