36, SPEN BURN, HIGH SPEN, ROWLANDS GILL, NE39 2DN - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

36 SPEN BURN is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £300,000 in June 2024, which was around 9% above the average June 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

36 SPEN BURN Sold Prices

Land registry data shows two sales for 36 SPEN BURN 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. One of the two 36 SPEN BURN sales was for above the average price, whilst the other 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
2024 13 JUN	£300,000	£275,858	9% above HPI
2018 23 MAR	£170,000	£228,224	26% below HPI

36 SPEN BURN 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 36 SPEN BURN sales from March 2018 and June 2024 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 March 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 36 SPEN BURN?

36 SPEN BURN is 78m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in High Spen, based on EPC data. The below chart shows the distribution of detached houses by size in High Spen, and where 36 SPEN BURN lies on this distribution: 10% of detached houses are smaller than 36 SPEN BURN, and 90% of houses are larger. Note that EPC data is not available for all properties in High Spen.

36 SPEN BURN: Plot and Title Map

36 SPEN BURN sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 36 SPEN BURN, 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 36 SPEN BURN). 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 36 SPEN BURN?

36 SPEN BURN is located in HIGH SPEN, in the NE39 postcode district. The below map shows the position of No. 36 on SPEN BURN.