4, REDRUTH GARDENS, GATESHEAD, NE9 6XW - £330,000

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 REDRUTH GARDENS is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £330,000 in January 2022, which was around 31% above the average January 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

4 REDRUTH GARDENS Sold Prices

Land registry data shows three sales for 4 REDRUTH GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Two of the three 4 REDRUTH GARDENS sales were for above the average price, whilst one was 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
2022 14 JAN	£330,000	£251,990	31% above HPI
2004 12 FEB	£172,500	£168,941	2% above HPI
2000 10 JAN	£85,500	£86,611	1% below HPI

4 REDRUTH 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 three 4 REDRUTH GARDENS sales between January 2000 and January 2022 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 February 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 4 REDRUTH GARDENS?

4 REDRUTH GARDENS is 127m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 REDRUTH GARDENS lies on this distribution: 74% of detached houses are smaller than 4 REDRUTH GARDENS, and 26% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

4 REDRUTH GARDENS: Plot and Title Map

4 REDRUTH GARDENS sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 4 REDRUTH 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 REDRUTH 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 REDRUTH GARDENS?

4 REDRUTH GARDENS is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 4 on REDRUTH GARDENS.