3, WESTWOOD, LOW FELL, GATESHEAD, NE9 6DU - £575,000

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 WESTWOOD is a very large detached house of 341m². It was last sold for £575,000 in December 2016, which was around 156% above the average December 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was B.

3 WESTWOOD Sold Prices

Land registry data shows two sales for 3 WESTWOOD 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 WESTWOOD 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
2016 21 DEC	£575,000	£224,547	156% above HPI
1999 26 AUG	£165,000	£80,465	105% above HPI

3 WESTWOOD 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 WESTWOOD sales from August 1999 and December 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 August 1999 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the December 2016 sale, where it rises to 156% above the HPI. The line then continues to track at 156% above the HPI.

How Large is 3 WESTWOOD?

3 WESTWOOD is 341m² according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 3 WESTWOOD lies on this distribution: More than 99% of detached houses are smaller than 3 WESTWOOD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

3 WESTWOOD: Plot and Title Map

3 WESTWOOD sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of 3 WESTWOOD, 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 WESTWOOD). 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 WESTWOOD?

3 WESTWOOD is located in LOW FELL, in the NE9 postcode district. The below map shows the position of No. 3 on WESTWOOD.