41, SEATON CLOSE, GATESHEAD, NE10 8SF - £225,000

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 SEATON CLOSE is a large extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £225,000 in June 2023, which was around 20% below the average June 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

41 SEATON CLOSE Sold Prices

Land registry data shows four sales for 41 SEATON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 41 SEATON 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
2023 2 JUN	£225,000	£281,776	20% below HPI
2014 26 JUN	£153,000	£205,992	26% below HPI
2000 30 MAR	£81,000	£83,872	3% below HPI
1997 26 MAR	£64,000	£75,787	16% below HPI

41 SEATON 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 four 41 SEATON CLOSE sales between March 1997 and June 2023 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 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 41 SEATON CLOSE?

41 SEATON CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in September 2009. This puts it in the largest 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 SEATON CLOSE lies on this distribution: 65% of detached houses are smaller than 41 SEATON CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

41 SEATON CLOSE: Plot and Title Map

41 SEATON CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 41 SEATON 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 SEATON 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 SEATON CLOSE?

41 SEATON CLOSE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 41 on SEATON CLOSE.