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
441 LOBLEY HILL ROAD is a very large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £320,000 in April 2019, which was around 38% above the average April 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 441 LOBLEY HILL ROAD since 1st 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 441 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 8 APR | £320,000 | £232,412 | 38% above HPI |
2013 8 MAY | £250,000 | £197,696 | 26% above HPI |
2011 26 OCT | £210,000 | £206,090 | 2% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 441 LOBLEY HILL ROAD sales between October 2011 and April 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 May 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2019 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.
441 LOBLEY HILL ROAD is 157m², which includes four extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 441 LOBLEY HILL ROAD lies on this distribution: 88% of detached houses are smaller than 441 LOBLEY HILL ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
441 LOBLEY HILL ROAD sits on a plot of roughly 50.8 acres, or 205,507m². The below map shows the location of 441 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 441 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.
441 LOBLEY HILL ROAD is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 441 on LOBLEY HILL ROAD.