46, COLEGATE, GATESHEAD, NE10 8PP - £99,950

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

46 COLEGATE is a very small semi-detached house of 72m², built sometime between 1950 and 1966. It was last sold for £99,950 in August 2016, which was around 56% below the average August 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

46 COLEGATE Sold Prices

Land registry data shows two sales for 46 COLEGATE 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. Both of the two 46 COLEGATE sales were 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
2016 4 AUG	£99,950	£226,155	56% below HPI
2007 5 JAN	£99,000	£216,539	54% below HPI

46 COLEGATE 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 46 COLEGATE sales from January 2007 and August 2016 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 January 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the August 2016 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 46 COLEGATE?

46 COLEGATE is 72m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 46 COLEGATE lies on this distribution: 9% of detached houses are smaller than 46 COLEGATE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

46 COLEGATE: Plot and Title Map

46 COLEGATE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 46 COLEGATE, 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 46 COLEGATE). 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 46 COLEGATE?

46 COLEGATE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 46 on COLEGATE.