4, THATCHER CLOSE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5RS - £199,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 THATCHER CLOSE is a very small semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £232,901. It was last sold for £199,950 in January 2021, which was around 35% above the average January 2021 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

4 THATCHER CLOSE Sold Prices

Land registry data shows two sales for 4 THATCHER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 4 THATCHER 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
2021 22 JAN	£199,950	£148,165	35% above HPI
2005 22 DEC	£173,000	£123,762	40% above HPI

4 THATCHER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 4 THATCHER CLOSE sales from December 2005 and January 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 December 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 4 THATCHER CLOSE be worth now?

4 THATCHER CLOSE might now be worth an estimated £232,901.

This is based on house price inflation of 16.5%, between January 2021 and February 2025, for semi-detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 4 THATCHER CLOSE of £199,950 on 22nd January 2021. For the value to have increased from £199,950 to £232,901 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 THATCHER CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The January 2021 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 4 THATCHER CLOSE has not materially changed since January 2021.

How Large is 4 THATCHER CLOSE?

4 THATCHER CLOSE is 77m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of semi-detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whickham, and where 4 THATCHER CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 4 THATCHER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Whickham.

4 THATCHER CLOSE: Plot and Title Map

4 THATCHER CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 4 THATCHER 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 THATCHER 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 THATCHER CLOSE?

4 THATCHER CLOSE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 4 on THATCHER CLOSE.