39, THE PAVILION, SWALWELL, NEWCASTLE UPON TYNE, NE16 3BZ - £275,000

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 THE PAVILION is a midsized extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £275,000 in May 2017, which was around 21% above the average May 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

39 THE PAVILION Sold Prices

Land registry data shows two sales for 39 THE PAVILION 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 THE PAVILION 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
2017 12 MAY	£275,000	£227,433	21% above HPI
2002 17 JAN	£149,750	£98,579	52% above HPI

39 THE PAVILION 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 THE PAVILION sales from January 2002 and May 2017 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 2002 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the May 2017 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 39 THE PAVILION?

39 THE PAVILION is 125m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 39 THE PAVILION lies on this distribution: 59% of detached houses are smaller than 39 THE PAVILION, and 40% of houses are larger. Note that EPC data is not available for all properties in Whickham.

39 THE PAVILION: Plot and Title Map

39 THE PAVILION sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 39 THE PAVILION, 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 THE PAVILION). 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 THE PAVILION?

39 THE PAVILION is located in SWALWELL, in the NE16 postcode district. The below map shows the position of No. 39 on THE PAVILION.