37A, LONG BANK, GATESHEAD, NE9 7HJ - £167,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

37A LONG BANK is a very small extended semi-detached house of 79m², built sometime before 1900. It was last sold for £167,000 in May 2014, which was around 35% above the average May 2014 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

37A LONG BANK Sold Prices

Land registry data shows three sales for 37A LONG BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the three 37A LONG BANK 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
2014 29 MAY	£167,000	£123,601	35% above HPI
2007 31 AUG	£169,950	£141,827	20% above HPI
2004 16 JUL	£147,000	£114,918	28% above HPI

37A LONG BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 37A LONG BANK sales between July 2004 and May 2014 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 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2014 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 37A LONG BANK be worth now?

37A LONG BANK might now be worth an estimated £237,903.

This is based on house price inflation of 42.5%, between May 2014 and December 2024, for semi-detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.5% inflationary increase is applied to the most recent sale price for 37A LONG BANK of £167,000 on 29th May 2014. For the value to have increased from £167,000 to £237,903 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 37A LONG BANK has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The May 2014 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 37A LONG BANK has not materially changed since May 2014.

How Large is 37A LONG BANK?

37A LONG BANK is 79m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 37A LONG BANK lies on this distribution: 15% of semi-detached houses houses are smaller than 37A LONG BANK, and 84% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

37A LONG BANK: Plot and Title Map

37A LONG BANK sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 37A 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 37A 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 37A LONG BANK?

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