31, SOUTH HILL ROAD, GATESHEAD, NE8 2XZ - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 SOUTH HILL ROAD is a large extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £265,000 in August 2021, which was around 5% above the average August 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

31 SOUTH HILL ROAD Sold Prices

Land registry data shows three sales for 31 SOUTH HILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Two of the three 31 SOUTH HILL ROAD sales were for above the average price, whilst one was 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
2021 19 AUG	£265,000	£252,813	5% above HPI
2015 20 AUG	£215,000	£213,648	1% above HPI
2002 29 AUG	£115,000	£116,295	1% below HPI

31 SOUTH HILL ROAD 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 three 31 SOUTH HILL ROAD sales between August 2002 and August 2021 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 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 31 SOUTH HILL ROAD?

31 SOUTH HILL ROAD is 116m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 31 SOUTH HILL ROAD lies on this distribution: 65% of detached houses are smaller than 31 SOUTH HILL ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

31 SOUTH HILL ROAD: Plot and Title Map

31 SOUTH HILL ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 31 SOUTH HILL ROAD, 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 31 SOUTH HILL ROAD). 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 31 SOUTH HILL ROAD?

31 SOUTH HILL ROAD is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 31 on SOUTH HILL ROAD.