4, PARKLANDS WAY, WARDLEY, GATESHEAD, NE10 8YW - £181,000

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 PARKLANDS WAY is a small extended detached house of 85m², built sometime between 1983 and 1990. It was last sold for £181,000 in March 2018, which was around 21% below the average March 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

4 PARKLANDS WAY Sold Prices

Land registry data shows four sales for 4 PARKLANDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 4 PARKLANDS WAY 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
2018 29 MAR	£181,000	£228,224	21% below HPI
2004 25 JUN	£160,000	£183,815	13% below HPI
2002 7 JUN	£91,500	£111,024	18% below HPI
2000 28 JAN	£62,000	£86,611	28% below HPI

4 PARKLANDS WAY 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 four 4 PARKLANDS WAY sales between January 2000 and March 2018 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 June 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 PARKLANDS WAY?

4 PARKLANDS WAY is 85m², which includes one extension, according to the EPC inspection conducted in April 2017. 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 PARKLANDS WAY lies on this distribution: 23% of detached houses are smaller than 4 PARKLANDS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

4 PARKLANDS WAY: Plot and Title Map

4 PARKLANDS WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 4 PARKLANDS WAY, 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 PARKLANDS WAY). 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 PARKLANDS WAY?

4 PARKLANDS WAY is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 4 on PARKLANDS WAY.