428, LOBLEY HILL ROAD, GATESHEAD, NE11 0BS - £350,000

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

428 LOBLEY HILL ROAD is a very large extended detached house of 228m², built sometime between 1930 and 1949. It was last sold for £350,000 in January 2019, which was around 48% above the average January 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

428 LOBLEY HILL ROAD Sold Prices

Land registry data shows three sales for 428 LOBLEY HILL ROAD 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 428 LOBLEY HILL ROAD 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
2019 25 JAN	£350,000	£236,228	48% above HPI
1999 26 OCT	£130,000	£84,037	55% above HPI
1997 21 JAN	£115,000	£71,727	60% above HPI

428 LOBLEY HILL ROAD 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 428 LOBLEY HILL ROAD sales between January 1997 and January 2019 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 October 1999 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2019 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 428 LOBLEY HILL ROAD?

428 LOBLEY HILL ROAD is 228m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 428 LOBLEY HILL ROAD lies on this distribution: 97% of detached houses are smaller than 428 LOBLEY HILL ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

428 LOBLEY HILL ROAD: Plot and Title Map

428 LOBLEY HILL ROAD sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 428 LOBLEY HILL ROAD, 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 428 LOBLEY HILL ROAD). 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 428 LOBLEY HILL ROAD?

428 LOBLEY HILL ROAD is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 428 on LOBLEY HILL ROAD.