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 THE FLIGHT is a very large extended detached house of 155m², built sometime between 1996 and 2002. It was last sold for £267,000 in November 2018, which was around 11% above the average November 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 4 THE FLIGHT since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 4 THE FLIGHT 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 |
---|---|---|---|
2018 2 NOV | £267,000 | £240,606 | 11% above HPI |
1997 10 JAN | £77,500 | £71,727 | 8% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 4 THE FLIGHT sales from January 1997 and November 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 January 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
4 THE FLIGHT is 155m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Blaydon, based on EPC data. The below chart shows the distribution of detached houses by size in Blaydon, and where 4 THE FLIGHT lies on this distribution: 87% of detached houses are smaller than 4 THE FLIGHT, and 13% of houses are larger. Note that EPC data is not available for all properties in Blaydon.
4 THE FLIGHT sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 4 THE FLIGHT, 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 THE FLIGHT). 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.
4 THE FLIGHT is located in WINLATON, in the NE21 postcode district. The below map shows the position of No. 4 on THE FLIGHT.