4, BALMORAL WAY, FELLING, GATESHEAD, NE10 9TR - £200,000

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

4 BALMORAL WAY is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £200,000 in January 2023, which was around 27% below the average January 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

4 BALMORAL WAY Sold Prices

Land registry data shows three sales for 4 BALMORAL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 4 BALMORAL WAY 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
2023 13 JAN	£200,000	£275,716	27% below HPI
2006 13 APR	£142,000	£200,879	29% below HPI
1997 2 SEP	£57,950	£78,254	26% below HPI

4 BALMORAL WAY 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 three 4 BALMORAL WAY sales between September 1997 and January 2023 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 April 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 BALMORAL WAY?

4 BALMORAL WAY is 69m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 4 BALMORAL WAY lies on this distribution: 7% of detached houses are smaller than 4 BALMORAL WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

4 BALMORAL WAY: Plot and Title Map

4 BALMORAL WAY sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 4 BALMORAL WAY, 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 4 BALMORAL WAY). 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 4 BALMORAL WAY?

4 BALMORAL WAY is located in FELLING, in the NE10 postcode district. The below map shows the position of No. 4 on BALMORAL WAY.