40, PICKERING DRIVE, BLAYDON-ON-TYNE, NE21 5GB - £191,250

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

40 PICKERING DRIVE is a small detached house of 88m², which could now be worth an estimated £229,098. It was last sold for £191,250 in August 2018, which was around 18% below the average August 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was C.

40 PICKERING DRIVE Sold Prices

Land registry data shows two sales for 40 PICKERING DRIVE 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 PICKERING DRIVE 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
2018 29 AUG	£191,250	£234,583	18% below HPI
2013 17 JUN	£174,950	£198,334	12% below HPI

40 PICKERING DRIVE 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 PICKERING DRIVE sales from June 2013 and August 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 June 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 40 PICKERING DRIVE be worth now?

40 PICKERING DRIVE might now be worth an estimated £229,098.

This is based on house price inflation of 19.8%, between August 2018 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 19.8% inflationary increase is applied to the most recent sale price for 40 PICKERING DRIVE of £191,250 on 29th August 2018. For the value to have increased from £191,250 to £229,098 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 40 PICKERING DRIVE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The August 2018 sale price of £191,250 represented a fair market value for the property.
• The size, condition, and specification of 40 PICKERING DRIVE has not materially changed since August 2018.

How Large is 40 PICKERING DRIVE?

40 PICKERING DRIVE is 88m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 30% of detached houses houses in Blaydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blaydon, and where 40 PICKERING DRIVE lies on this distribution: 30% of detached houses houses are smaller than 40 PICKERING DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Blaydon.

40 PICKERING DRIVE: Plot and Title Map

40 PICKERING DRIVE sits on a plot of roughly 0.340 of an acre, or 1,377m². The below map shows the location of 40 PICKERING DRIVE, 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 PICKERING DRIVE). 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 PICKERING DRIVE?

40 PICKERING DRIVE is located in BLAYDON-ON-TYNE, in the NE21 postcode district. The below map shows the position of No. 40 on PICKERING DRIVE.