41, VALLEY DRIVE, LOW FELL, GATESHEAD, NE9 5DJ - £295,000

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 VALLEY DRIVE is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £295,000 in August 2017, which was around 30% above the average August 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

41 VALLEY DRIVE Sold Prices

Land registry data shows three sales for 41 VALLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 41 VALLEY DRIVE 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
2017 16 AUG	£295,000	£227,596	30% above HPI
2012 11 MAY	£290,000	£197,604	47% above HPI
1996 2 AUG	£86,000	£72,292	19% above HPI

41 VALLEY 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 three 41 VALLEY DRIVE sales between August 1996 and August 2017 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 May 2012 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 41 VALLEY DRIVE?

41 VALLEY DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% 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 VALLEY DRIVE lies on this distribution: 49% of detached houses are smaller than 41 VALLEY DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

41 VALLEY DRIVE: Plot and Title Map

41 VALLEY DRIVE sits on a plot of roughly 0.076 of an acre, or 310m². The below map shows the location of 41 VALLEY 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 41 VALLEY 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 41 VALLEY DRIVE?

41 VALLEY DRIVE is located in LOW FELL, in the NE9 postcode district. The below map shows the position of No. 41 on VALLEY DRIVE.