4, NORWOOD COURT, EIGHTON BANKS, GATESHEAD, NE9 7XF - £290,000

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 NORWOOD COURT is a midsized detached house of 111m², built sometime between 1991 and 1995. It was last sold for £290,000 in September 2017, which was around 28% above the average September 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

4 NORWOOD COURT Sold Prices

Land registry data shows two sales for 4 NORWOOD COURT 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 NORWOOD COURT 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
2017 22 SEP	£290,000	£226,985	28% above HPI
2004 26 MAR	£230,000	£168,164	37% above HPI

4 NORWOOD COURT 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 NORWOOD COURT sales from March 2004 and September 2017 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 March 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2017 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 4 NORWOOD COURT?

4 NORWOOD COURT is 111m² according to the EPC inspection conducted in September 2016. This puts it in the largest 50% 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 NORWOOD COURT lies on this distribution: 58% of detached houses are smaller than 4 NORWOOD COURT, and 41% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

4 NORWOOD COURT: Plot and Title Map

4 NORWOOD COURT sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 4 NORWOOD COURT, 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 NORWOOD COURT). 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 NORWOOD COURT?

4 NORWOOD COURT is located in EIGHTON BANKS, in the NE9 postcode district. The below map shows the position of No. 4 on NORWOOD COURT.