39, RENFORTH CLOSE, GATESHEAD, NE8 3JF - £180,000

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

39 RENFORTH CLOSE is a small extended detached house of 84m², built sometime between 2003 and 2006. It was last sold for £180,000 in May 2018, which was around 22% below the average May 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

39 RENFORTH CLOSE Sold Prices

Land registry data shows two sales for 39 RENFORTH CLOSE 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 39 RENFORTH CLOSE sales were 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
2018 31 MAY	£180,000	£231,149	22% below HPI
2004 23 JAN	£139,950	£171,465	18% below HPI

39 RENFORTH CLOSE 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 39 RENFORTH CLOSE sales from January 2004 and May 2018 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 January 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 39 RENFORTH CLOSE?

39 RENFORTH CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 39 RENFORTH CLOSE lies on this distribution: 21% of detached houses are smaller than 39 RENFORTH CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

39 RENFORTH CLOSE: Plot and Title Map

39 RENFORTH CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 39 RENFORTH CLOSE, 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 39 RENFORTH CLOSE). 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 39 RENFORTH CLOSE?

39 RENFORTH CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 39 on RENFORTH CLOSE.