4, STROTHERS ROAD, HIGH SPEN, ROWLANDS GILL, NE39 2HR - £175,000

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 STROTHERS ROAD is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £175,000 in May 2021, which was around 29% below the average May 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

4 STROTHERS ROAD Sold Prices

Land registry data shows three sales for 4 STROTHERS ROAD 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 STROTHERS ROAD 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
2021 27 MAY	£175,000	£247,920	29% below HPI
2020 2 NOV	£145,000	£251,569	42% below HPI
2004 30 SEP	£182,000	£196,072	7% below HPI

4 STROTHERS ROAD 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 STROTHERS ROAD sales between September 2004 and May 2021 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 November 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 STROTHERS ROAD?

4 STROTHERS ROAD is 134m² according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in High Spen, based on EPC data. The below chart shows the distribution of detached houses by size in High Spen, and where 4 STROTHERS ROAD lies on this distribution: 71% of detached houses are smaller than 4 STROTHERS ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in High Spen.

4 STROTHERS ROAD: Plot and Title Map

4 STROTHERS ROAD sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 4 STROTHERS ROAD, 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 STROTHERS ROAD). 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 STROTHERS ROAD?

4 STROTHERS ROAD is located in HIGH SPEN, in the NE39 postcode district. The below map shows the position of No. 4 on STROTHERS ROAD.