4, SKIPPER CLOSE, GATESHEAD, NE11 9NG - £325,000

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 SKIPPER CLOSE is a very large extended detached house of 166m², built sometime between 1996 and 2002. It was last sold for £325,000 in December 2017, which was around 40% above the average December 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

4 SKIPPER CLOSE Sold Prices

Land registry data shows three sales for 4 SKIPPER CLOSE 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. All of the three 4 SKIPPER 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
2017 14 DEC	£325,000	£231,783	40% above HPI
2002 7 JUN	£174,950	£111,024	58% above HPI
2001 25 MAY	£129,995	£93,598	39% above HPI

4 SKIPPER 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 three 4 SKIPPER CLOSE sales between May 2001 and December 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 June 2002 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2017 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 4 SKIPPER CLOSE?

4 SKIPPER CLOSE is 166m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% 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 SKIPPER CLOSE lies on this distribution: 89% of detached houses are smaller than 4 SKIPPER CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

4 SKIPPER CLOSE: Plot and Title Map

4 SKIPPER CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 4 SKIPPER 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 SKIPPER 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 SKIPPER CLOSE?

4 SKIPPER CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 4 on SKIPPER CLOSE.