48, PARKDALE RISE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5JR - £270,000

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

48 PARKDALE RISE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £270,000 in September 2021, which was around 5% above the average September 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

48 PARKDALE RISE Sold Prices

Land registry data shows two sales for 48 PARKDALE RISE 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 48 PARKDALE RISE 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
2021 30 SEP	£270,000	£256,172	5% above HPI
2001 21 MAY	£106,000	£93,598	13% above HPI

48 PARKDALE RISE 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 48 PARKDALE RISE sales from May 2001 and September 2021 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 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 48 PARKDALE RISE?

48 PARKDALE RISE is 81m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 48 PARKDALE RISE lies on this distribution: 16% of detached houses are smaller than 48 PARKDALE RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Whickham.

48 PARKDALE RISE: Plot and Title Map

48 PARKDALE RISE sits on a plot of roughly 0.298 of an acre, or 1,208m². The below map shows the location of 48 PARKDALE RISE, 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 48 PARKDALE RISE). 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 48 PARKDALE RISE?

48 PARKDALE RISE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 48 on PARKDALE RISE.