4, THORNLEY LANE, ROWLANDS GILL, NE39 1AU - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 THORNLEY LANE is a midsized extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £419,251. It was last sold for £300,000 in July 2013, which was around 49% above the average July 2013 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

4 THORNLEY LANE Sold Prices

Land registry data shows three sales for 4 THORNLEY LANE 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 THORNLEY LANE 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
2013 24 JUL	£300,000	£201,077	49% above HPI
2003 28 FEB	£165,000	£121,574	36% above HPI
1996 30 AUG	£87,950	£71,805	22% above HPI

4 THORNLEY LANE 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 THORNLEY LANE sales between August 1996 and July 2013 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 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2013 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 4 THORNLEY LANE be worth now?

4 THORNLEY LANE might now be worth an estimated £419,251.

This is based on house price inflation of 39.8%, between July 2013 and February 2025, for 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 39.8% inflationary increase is applied to the most recent sale price for 4 THORNLEY LANE of £300,000 on 24th July 2013. For the value to have increased from £300,000 to £419,251 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 4 THORNLEY LANE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The July 2013 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THORNLEY LANE has not materially changed since July 2013.

How Large is 4 THORNLEY LANE?

4 THORNLEY LANE is 125m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 50% of detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowlands Gill, and where 4 THORNLEY LANE lies on this distribution: 45% of detached houses houses are smaller than 4 THORNLEY LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

4 THORNLEY LANE: Plot and Title Map

4 THORNLEY LANE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of 4 THORNLEY LANE, 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 THORNLEY LANE). 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 THORNLEY LANE?

4 THORNLEY LANE is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 4 on THORNLEY LANE.