4, ELMWOOD GARDENS, GATESHEAD, NE11 0BX - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 ELMWOOD GARDENS is a small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £215,000 in May 2022, which was around 19% below the average May 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was D.

4 ELMWOOD GARDENS Sold Prices

Land registry data shows three sales for 4 ELMWOOD GARDENS 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 ELMWOOD GARDENS 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
2022 20 MAY	£215,000	£266,915	19% below HPI
2018 7 SEP	£125,000	£236,372	47% below HPI
1997 3 OCT	£55,000	£75,878	28% below HPI

4 ELMWOOD GARDENS 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 ELMWOOD GARDENS sales between October 1997 and May 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 September 2018 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 ELMWOOD GARDENS?

4 ELMWOOD GARDENS is 88m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 4 ELMWOOD GARDENS lies on this distribution: 27% of detached houses are smaller than 4 ELMWOOD GARDENS, and 71% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

4 ELMWOOD GARDENS: Plot and Title Map

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

4 ELMWOOD GARDENS is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 4 on ELMWOOD GARDENS.