37, LONG BANK, GATESHEAD, NE9 7HJ - £277,000

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 LONG BANK is a very large detached house of 180m², built sometime between 2003 and 2006. It was last sold for £277,000 in April 2015, which was around 33% above the average April 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

37 LONG BANK Sold Prices

Land registry data shows two sales for 37 LONG BANK 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 37 LONG BANK 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
2015 2 APR	£277,000	£208,869	33% above HPI
2000 11 AUG	£84,000	£88,490	5% below HPI

37 LONG BANK 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 37 LONG BANK sales from August 2000 and April 2015 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 August 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2015 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 37 LONG BANK?

37 LONG BANK is 180m² according to the EPC inspection conducted in October 2009. 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 LONG BANK lies on this distribution: 92% of detached houses are smaller than 37 LONG BANK, and 8% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

37 LONG BANK: Plot and Title Map

37 LONG BANK sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 37 LONG BANK, 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 LONG BANK). 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 37 LONG BANK?

37 LONG BANK is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 37 on LONG BANK.