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
38 GRAYLING ROAD is a large extended semi-detached house of 121m², built sometime between 1996 and 2002. It was last sold for £265,000 in January 2019, which was around 12% above the average January 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 38 GRAYLING ROAD since 1st 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 38 GRAYLING ROAD 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 |
---|---|---|---|
2019 31 JAN | £265,000 | £236,228 | 12% above HPI |
2011 8 SEP | £230,000 | £204,847 | 12% above HPI |
2003 4 JUL | £167,500 | £153,308 | 9% above HPI |
2002 5 APR | £115,000 | £102,585 | 12% above HPI |
2000 15 SEP | £92,995 | £90,141 | 3% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The five 38 GRAYLING ROAD sales between September 2000 and January 2019 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 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2019 sale, which was also at 12% above the HPI.
38 GRAYLING ROAD is 121m², which includes two extensions, according to the EPC inspection conducted in February 2011. 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 38 GRAYLING ROAD lies on this distribution: 70% of detached houses are smaller than 38 GRAYLING ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
38 GRAYLING ROAD sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 38 GRAYLING ROAD, 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 38 GRAYLING ROAD). 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.
38 GRAYLING ROAD is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 38 on GRAYLING ROAD.