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
41 GRANGE CRESCENT is a small semi-detached house of 93m², built sometime between 1950 and 1966. It was last sold for £104,000 in June 2014, which was around 50% below the average June 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 41 GRANGE CRESCENT 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 41 GRANGE CRESCENT 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 |
---|---|---|---|
2014 20 JUN | £104,000 | £205,992 | 50% below HPI |
2005 21 DEC | £88,000 | £201,534 | 56% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 41 GRANGE CRESCENT sales from December 2005 and June 2014 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 2005 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2014 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.
41 GRANGE CRESCENT is 93m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 41 GRANGE CRESCENT lies on this distribution: 34% of detached houses are smaller than 41 GRANGE CRESCENT, and 65% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
41 GRANGE CRESCENT sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 41 GRANGE CRESCENT, 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 41 GRANGE CRESCENT). 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.
41 GRANGE CRESCENT is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 41 on GRANGE CRESCENT.