32, PARKLANDS WAY, WARDLEY, GATESHEAD, NE10 8YW - £114,000

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

32 PARKLANDS WAY is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £114,000 in November 2002, which was around 6% below the average November 2002 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

32 PARKLANDS WAY Sold Prices

Land registry data shows two sales for 32 PARKLANDS WAY 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 32 PARKLANDS WAY 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
2002 29 NOV	£114,000	£120,788	6% below HPI
1995 4 OCT	£59,950	£70,431	15% below HPI

32 PARKLANDS WAY 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 32 PARKLANDS WAY sales from October 1995 and November 2002 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 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2002 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 32 PARKLANDS WAY?

32 PARKLANDS WAY is 86m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 32 PARKLANDS WAY lies on this distribution: 24% of detached houses are smaller than 32 PARKLANDS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

32 PARKLANDS WAY: Plot and Title Map

32 PARKLANDS WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 32 PARKLANDS WAY, 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 32 PARKLANDS WAY). 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 32 PARKLANDS WAY?

32 PARKLANDS WAY is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 32 on PARKLANDS WAY.