Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
37 HEATHFIELD PLACE is a very large extended detached house of 254m², built sometime between 1996 and 2002. It was last sold for £776,776 in September 2022, which was around 182% above the average September 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 37 HEATHFIELD PLACE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 37 HEATHFIELD PLACE 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 |
---|---|---|---|
2022 30 SEP | £776,776 | £275,193 | 182% above HPI |
2020 16 SEP | £625,000 | £245,882 | 154% above HPI |
2004 10 DEC | £499,000 | £187,198 | 167% above HPI |
2001 25 MAY | £290,000 | £93,598 | 210% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 37 HEATHFIELD PLACE sales between May 2001 and September 2022 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 September 2020 sale was for 154% above the HPI. So the extrapolation line tracks at 154% above the HPI over time, until the September 2022 sale, where it rises to 182% above the HPI. The line then continues to track at 182% above the HPI.
37 HEATHFIELD PLACE is 254m², which includes two extensions, according to the EPC inspection conducted in May 2020. 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 37 HEATHFIELD PLACE lies on this distribution: 98% of detached houses are smaller than 37 HEATHFIELD PLACE, and 2% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
37 HEATHFIELD PLACE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 37 HEATHFIELD PLACE, 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 37 HEATHFIELD PLACE). 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.
37 HEATHFIELD PLACE is located in LOW FELL, in the NE9 postcode district. The below map shows the position of No. 37 on HEATHFIELD PLACE.