38, HEATHFIELD PLACE, LOW FELL, GATESHEAD, NE9 5AS - £570,000

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

38 HEATHFIELD PLACE is a very large extended detached house of 224m², built sometime between 1991 and 1995. It was last sold for £570,000 in May 2019, which was around 142% above the average May 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

38 HEATHFIELD PLACE Sold Prices

Land registry data shows two sales for 38 HEATHFIELD PLACE 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. Both of the two 38 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
2019 13 MAY	£570,000	£235,763	142% above HPI
2001 31 MAY	£315,000	£93,598	237% above HPI

38 HEATHFIELD PLACE 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 38 HEATHFIELD PLACE sales from May 2001 and May 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 May 2001 sale was for 237% above the HPI. So the extrapolation line tracks at 237% above the HPI over time, until the May 2019 sale, where it falls to 142% above the HPI. The line then continues to track at 142% above the HPI.

How Large is 38 HEATHFIELD PLACE?

38 HEATHFIELD PLACE is 224m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 38 HEATHFIELD PLACE lies on this distribution: 96% of detached houses are smaller than 38 HEATHFIELD PLACE, and 4% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

38 HEATHFIELD PLACE: Plot and Title Map

38 HEATHFIELD PLACE sits on a plot of roughly 0.316 of an acre, or 1,277m². The below map shows the location of 38 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 38 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.

Where is 38 HEATHFIELD PLACE?

38 HEATHFIELD PLACE is located in LOW FELL, in the NE9 postcode district. The below map shows the position of No. 38 on HEATHFIELD PLACE.