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
40 GATELEY AVENUE is a midsized detached house of 111m², built sometime between 1991 and 1995. It was last sold for £75,000 in March 2000, which was around 22% below the average March 2000 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 40 GATELEY AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 40 GATELEY AVENUE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2000 31 MAR | £75,000 | £96,231 | 22% below HPI |
1998 11 DEC | £79,950 | £93,430 | 14% below HPI |
1995 16 MAY | £84,525 | £81,290 | 4% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 40 GATELEY AVENUE sales between May 1995 and March 2000 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 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2000 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
40 GATELEY AVENUE is 111m² according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 40 GATELEY AVENUE lies on this distribution: 56% of detached houses are smaller than 40 GATELEY AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Blyth.
40 GATELEY AVENUE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 40 GATELEY AVENUE, 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 GATELEY AVENUE). 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.
40 GATELEY AVENUE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 40 on GATELEY AVENUE.