34, PARKLANDS WAY, WARDLEY, GATESHEAD, NE10 8YW - £248,950

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

34 PARKLANDS WAY is a very large extended detached house of 192m², built sometime between 2003 and 2006. It was last sold for £248,950 in March 2008, which was around 12% above the average March 2008 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was B.

34 PARKLANDS WAY Sold Prices

Land registry data shows three sales for 34 PARKLANDS WAY 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. All of the three 34 PARKLANDS WAY 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
2008 28 MAR	£248,950	£221,761	12% above HPI
2001 11 MAY	£98,500	£93,598	5% above HPI
1996 2 SEP	£92,000	£75,609	22% above HPI

34 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 three 34 PARKLANDS WAY sales between September 1996 and March 2008 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 May 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2008 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 34 PARKLANDS WAY?

34 PARKLANDS WAY is 192m², which includes two extensions, according to the EPC inspection conducted in April 2015. 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 34 PARKLANDS WAY lies on this distribution: 93% of detached houses are smaller than 34 PARKLANDS WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

34 PARKLANDS WAY: Plot and Title Map

34 PARKLANDS WAY sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 34 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 34 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 34 PARKLANDS WAY?

34 PARKLANDS WAY is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 34 on PARKLANDS WAY.