41, THE PAVILION, SWALWELL, NEWCASTLE UPON TYNE, NE16 3BZ - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 THE PAVILION is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £298,840. It was last sold for £220,000 in July 2015, which was around 6% above the average July 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

41 THE PAVILION Sold Prices

Land registry data shows four sales for 41 THE PAVILION 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 THE PAVILION sales were 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
2015 21 JUL	£220,000	£206,871	6% above HPI
2010 30 APR	£210,000	£201,273	4% above HPI
2007 26 JAN	£230,000	£215,082	7% above HPI
2001 30 NOV	£118,750	£99,016	20% above HPI

41 THE PAVILION 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 THE PAVILION sales between November 2001 and July 2015 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 April 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2015 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 41 THE PAVILION be worth now?

41 THE PAVILION might now be worth an estimated £298,840.

This is based on house price inflation of 35.8%, between July 2015 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 35.8% inflationary increase is applied to the most recent sale price for 41 THE PAVILION of £220,000 on 21st July 2015. For the value to have increased from £220,000 to £298,840 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 41 THE PAVILION has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The July 2015 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 41 THE PAVILION has not materially changed since July 2015.

How Large is 41 THE PAVILION?

41 THE PAVILION is 93m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 41 THE PAVILION lies on this distribution: 26% of detached houses houses are smaller than 41 THE PAVILION, and 74% of houses are larger. Note that EPC data is not available for all properties in Whickham.

41 THE PAVILION: Plot and Title Map

41 THE PAVILION sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 41 THE PAVILION, 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 THE PAVILION). 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 THE PAVILION?

41 THE PAVILION is located in SWALWELL, in the NE16 postcode district. The below map shows the position of No. 41 on THE PAVILION.