41, RENFORTH CLOSE, GATESHEAD, NE8 3JF - £200,250

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

41 RENFORTH CLOSE is a very small extended detached house of 81m², built sometime between 2003 and 2006. It was last sold for £200,250 in June 2021, which was around 19% below the average June 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

41 RENFORTH CLOSE Sold Prices

Land registry data shows two sales for 41 RENFORTH CLOSE 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 41 RENFORTH CLOSE 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
2021 1 JUN	£200,250	£247,961	19% below HPI
2004 27 FEB	£139,950	£168,941	17% below HPI

41 RENFORTH CLOSE 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 41 RENFORTH CLOSE sales from February 2004 and June 2021 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 41 RENFORTH CLOSE?

41 RENFORTH CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in July 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 41 RENFORTH CLOSE lies on this distribution: 18% of detached houses are smaller than 41 RENFORTH CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

41 RENFORTH CLOSE: Plot and Title Map

41 RENFORTH CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 41 RENFORTH CLOSE, 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 RENFORTH CLOSE). 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 41 RENFORTH CLOSE?

41 RENFORTH CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 41 on RENFORTH CLOSE.