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 YOUNGHALL CLOSE is a midsized extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £246,500 in June 2018, which was around 7% above the average June 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 3 YOUNGHALL CLOSE since 1st 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. All of the four 3 YOUNGHALL CLOSE 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 |
---|---|---|---|
2018 14 JUN | £246,500 | £230,361 | 7% above HPI |
2006 3 NOV | £245,000 | £214,562 | 14% above HPI |
2003 6 JUN | £180,000 | £142,326 | 26% above HPI |
2001 20 JUN | £115,000 | £94,253 | 22% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 3 YOUNGHALL CLOSE sales between June 2001 and June 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 November 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
3 YOUNGHALL CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses by size in Greenside, and where 3 YOUNGHALL CLOSE lies on this distribution: 45% of detached houses are smaller than 3 YOUNGHALL CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Greenside.
3 YOUNGHALL CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 YOUNGHALL 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 YOUNGHALL 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.
3 YOUNGHALL CLOSE is located in GREENSIDE, in the NE40 postcode district. The below map shows the position of No. 3 on YOUNGHALL CLOSE.