35, FESTIVAL PARK DRIVE, GATESHEAD, NE11 9TU - £227,595

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

35 FESTIVAL PARK DRIVE is a large extended semi-detached house of 118m², built sometime between 1996 and 2002. It was last sold for £227,595 in November 2020, which was around 10% below the average November 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

35 FESTIVAL PARK DRIVE Sold Prices

Land registry data shows five sales for 35 FESTIVAL PARK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the five 35 FESTIVAL PARK DRIVE 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
2020 25 NOV	£227,595	£251,569	10% below HPI
2015 19 MAY	£202,000	£209,137	3% below HPI
2001 26 OCT	£77,500	£99,262	22% below HPI
1999 24 SEP	£72,000	£81,766	12% below HPI
1997 30 MAY	£62,950	£75,051	16% below HPI

35 FESTIVAL PARK DRIVE 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 five 35 FESTIVAL PARK DRIVE sales between May 1997 and November 2020 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 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 35 FESTIVAL PARK DRIVE?

35 FESTIVAL PARK DRIVE is 118m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 35 FESTIVAL PARK DRIVE lies on this distribution: 68% of detached houses are smaller than 35 FESTIVAL PARK DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

35 FESTIVAL PARK DRIVE: Plot and Title Map

35 FESTIVAL PARK DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 35 FESTIVAL PARK DRIVE, 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 35 FESTIVAL PARK DRIVE). 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 35 FESTIVAL PARK DRIVE?

35 FESTIVAL PARK DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 35 on FESTIVAL PARK DRIVE.