4, EGREMONT DRIVE, GATESHEAD, NE9 5SE - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 EGREMONT DRIVE is a very large semi-detached house of 152m², built sometime before 1900, which could now be worth an estimated £238,905. It was last sold for £220,000 in April 2022, which was around 38% above the average April 2022 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

4 EGREMONT DRIVE Sold Prices

Land registry data shows two sales for 4 EGREMONT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. One of the two 4 EGREMONT 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).

Date	Price	HPI Price	Variation from HPI
2022 1 APR	£220,000	£158,925	38% above HPI
1995 11 AUG	£37,000	£42,225	12% below HPI

4 EGREMONT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 4 EGREMONT DRIVE sales from August 1995 and April 2022 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 August 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 4 EGREMONT DRIVE be worth now?

4 EGREMONT DRIVE might now be worth an estimated £238,905.

This is based on house price inflation of 8.6%, between April 2022 and February 2025, for semi-detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.6% inflationary increase is applied to the most recent sale price for 4 EGREMONT DRIVE of £220,000 on 1st April 2022. For the value to have increased from £220,000 to £238,905 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 4 EGREMONT DRIVE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The April 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 EGREMONT DRIVE has not materially changed since April 2022.

How Large is 4 EGREMONT DRIVE?

4 EGREMONT DRIVE is 152m² according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 4 EGREMONT DRIVE lies on this distribution: 85% of semi-detached houses houses are smaller than 4 EGREMONT DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

4 EGREMONT DRIVE: Plot and Title Map

4 EGREMONT DRIVE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 4 EGREMONT 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 EGREMONT 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.

Where is 4 EGREMONT DRIVE?

4 EGREMONT DRIVE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 4 on EGREMONT DRIVE.