4, GRANGE LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5AD - £435,000

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 GRANGE LANE is a large extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £435,000 in June 2021, which was around 75% above the average June 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

4 GRANGE LANE Sold Prices

Land registry data shows two sales for 4 GRANGE LANE 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 4 GRANGE LANE 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
2021 10 JUN	£435,000	£247,961	75% above HPI
2019 12 APR	£410,000	£232,412	76% above HPI

4 GRANGE LANE 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 GRANGE LANE sales from April 2019 and June 2021 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 2019 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the June 2021 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 4 GRANGE LANE?

4 GRANGE LANE is 139m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 30% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 4 GRANGE LANE lies on this distribution: 71% of detached houses are smaller than 4 GRANGE LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Whickham.

4 GRANGE LANE: Plot and Title Map

4 GRANGE LANE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 4 GRANGE LANE, 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 GRANGE LANE). 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 GRANGE LANE?

4 GRANGE LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 4 on GRANGE LANE.