4, LILY CLOSE, SUNNISIDE, NEWCASTLE UPON TYNE, NE16 5DD - £475,000

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 LILY CLOSE is a large detached house of 153m². It was last sold for £475,000 in June 2024, which was around 68% above the average June 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was B.

4 LILY CLOSE Sold Prices

Land registry data shows two sales for 4 LILY CLOSE 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 LILY CLOSE 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
2024 21 JUN	£475,000	£282,720	68% above HPI
2020 28 AUG	£439,995	£238,108	85% above HPI

4 LILY CLOSE 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 LILY CLOSE sales from August 2020 and June 2024 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 2020 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the June 2024 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 4 LILY CLOSE?

4 LILY CLOSE is 153m² according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Street Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Street Gate, and where 4 LILY CLOSE lies on this distribution: 71% of detached houses are smaller than 4 LILY CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Street Gate.

4 LILY CLOSE: Plot and Title Map

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

4 LILY CLOSE is located in SUNNISIDE, in the NE16 postcode district. The below map shows the position of No. 4 on LILY CLOSE.