4, LILAC GARDENS, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4LS - £252,500

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 LILAC GARDENS is a very small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £292,047. It was last sold for £252,500 in January 2021, which was around 4% above the average January 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

4 LILAC GARDENS Sold Prices

Land registry data shows two sales for 4 LILAC GARDENS 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 LILAC GARDENS 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 29 JAN	£252,500	£242,954	4% above HPI
1998 9 SEP	£86,500	£78,357	10% above HPI

4 LILAC 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 two 4 LILAC GARDENS sales from September 1998 and January 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 September 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 LILAC GARDENS be worth now?

4 LILAC GARDENS might now be worth an estimated £292,047.

This is based on house price inflation of 15.7%, between January 2021 and February 2025, for 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 15.7% inflationary increase is applied to the most recent sale price for 4 LILAC GARDENS of £252,500 on 29th January 2021. For the value to have increased from £252,500 to £292,047 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 LILAC GARDENS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2021 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 4 LILAC GARDENS has not materially changed since January 2021.

How Large is 4 LILAC GARDENS?

4 LILAC GARDENS is 79m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 4 LILAC GARDENS lies on this distribution: 13% of detached houses houses are smaller than 4 LILAC GARDENS, and 85% of houses are larger. Note that EPC data is not available for all properties in Whickham.

4 LILAC GARDENS: Plot and Title Map

4 LILAC GARDENS sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 4 LILAC 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 LILAC 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 LILAC GARDENS?

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