43, PARKLANDS WAY, WARDLEY, GATESHEAD, NE10 8GA - £288,880

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

43 PARKLANDS WAY is a midsized extended detached house of 106m², built sometime between 1996 and 2002. It was last sold for £288,880 in May 2024, which was around 4% above the average May 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.

43 PARKLANDS WAY Sold Prices

Land registry data shows two sales for 43 PARKLANDS WAY 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. One of the two 43 PARKLANDS WAY sales was for above the average price, whilst the other was 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
2024 31 MAY	£288,880	£278,649	4% above HPI
1998 29 JUL	£74,500	£77,928	4% below HPI

43 PARKLANDS WAY 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 43 PARKLANDS WAY sales from July 1998 and May 2024 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 July 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 43 PARKLANDS WAY?

43 PARKLANDS WAY is 106m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 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 43 PARKLANDS WAY lies on this distribution: 51% of detached houses are smaller than 43 PARKLANDS WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

43 PARKLANDS WAY: Plot and Title Map

43 PARKLANDS WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 43 PARKLANDS WAY, 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 43 PARKLANDS WAY). 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 43 PARKLANDS WAY?

43 PARKLANDS WAY is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 43 on PARKLANDS WAY.