40, FOSSEFELD, GATESHEAD, NE10 8XE - £120,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

40 FOSSEFELD is a very small semi-detached house of 79m², built sometime between 1950 and 1966. It was last sold for £120,000 in May 2020, which was around 47% below the average May 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

40 FOSSEFELD Sold Prices

Land registry data shows two sales for 40 FOSSEFELD since 1^st 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 40 FOSSEFELD 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
2020 7 MAY	£120,000	£227,176	47% below HPI
2019 8 NOV	£78,000	£230,524	66% below HPI

40 FOSSEFELD 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 two 40 FOSSEFELD sales from November 2019 and May 2020 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 2019 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the May 2020 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 40 FOSSEFELD?

40 FOSSEFELD is 79m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 40 FOSSEFELD lies on this distribution: 15% of detached houses are smaller than 40 FOSSEFELD, and 84% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

40 FOSSEFELD: Plot and Title Map

40 FOSSEFELD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 40 FOSSEFELD, 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 40 FOSSEFELD). 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 40 FOSSEFELD?

40 FOSSEFELD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 40 on FOSSEFELD.