4, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP - £247,000

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 BUTE DRIVE is a large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £247,000 in November 2013, which was around 20% above the average November 2013 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

4 BUTE DRIVE Sold Prices

Land registry data shows two sales for 4 BUTE DRIVE since 1st 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. One of the two 4 BUTE DRIVE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2013
29 NOV
£247,000£205,238
up arrow
20% above HPI
2000
21 JUL
£30,000£87,803
down arrow
66% below HPI

4 BUTE DRIVE 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 4 BUTE DRIVE sales from July 2000 and November 2013 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 July 2000 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the November 2013 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

4, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP: Price paid vs HM Land Registry's House Price Index

How Large is 4 BUTE DRIVE?

4 BUTE DRIVE is 137m² according to the EPC inspection conducted in August 2013. This puts it in the largest 30% of detached houses in High Spen, based on EPC data. The below chart shows the distribution of detached houses by size in High Spen, and where 4 BUTE DRIVE lies on this distribution: 73% of detached houses are smaller than 4 BUTE DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in High Spen.

4, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP: Size of property relative to detached houses in High Spen

4 BUTE DRIVE: Plot and Title Map

4 BUTE DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 4 BUTE DRIVE, 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 BUTE DRIVE). 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.

4, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP: Plot and title map

Where is 4 BUTE DRIVE?

4 BUTE DRIVE is located in HIGH SPEN, in the NE39 postcode district. The below map shows the position of No. 4 on BUTE DRIVE.

4, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP: Location map and indicative extent of plot

All sales of detached houses on BUTE DRIVE

7, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2020
6 NOV
£342,500
13, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2020
5 JUN
£340,000
4, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2013
29 NOV
£247,000
3, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2009
18 SEP
£275,000
11, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2006
22 DEC
£320,000
11, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2002
9 DEC
£222,500
5, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2002
31 MAY
£177,500
6, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2002
8 FEB
£139,000
12, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2001
19 DEC
£31,000
4, BUTE DRIVE, HIGH SPEN, ROWLANDS GILL, NE39 2DP
2000
21 JUL
£30,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.