49, SLALEY CLOSE, GATESHEAD, NE10 8TW - £174,000

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

49 SLALEY CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £174,000 in June 2014, which was around 16% below the average June 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

49 SLALEY CLOSE Sold Prices

Land registry data shows three sales for 49 SLALEY CLOSE 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. One of the three 49 SLALEY CLOSE sales was for below the average price, whilst two 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
2014 26 JUN	£174,000	£205,992	16% below HPI
2003 24 OCT	£161,000	£155,805	3% above HPI
2002 16 DEC	£135,000	£122,018	11% above HPI

49 SLALEY CLOSE 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 49 SLALEY CLOSE sales between December 2002 and June 2014 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 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 49 SLALEY CLOSE?

49 SLALEY CLOSE is 68m² according to the EPC inspection conducted in June 2009. 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 49 SLALEY CLOSE lies on this distribution: 7% of detached houses are smaller than 49 SLALEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

49 SLALEY CLOSE: Plot and Title Map

49 SLALEY CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 49 SLALEY CLOSE, 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 49 SLALEY CLOSE). 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 49 SLALEY CLOSE?

49 SLALEY CLOSE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 49 on SLALEY CLOSE.