5, AVON CLOSE, ROWLANDS GILL, NE39 1AE - £238,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 AVON CLOSE is a very small extended detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £285,595. It was last sold for £238,000 in May 2019, which was around 2% above the average May 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

5 AVON CLOSE Sold Prices

Land registry data shows three sales for 5 AVON 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 5 AVON CLOSE sales was for above the average price, whilst two 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
2019 10 MAY	£238,000	£234,176	2% above HPI
2015 17 JUL	£187,500	£206,871	9% below HPI
2003 19 DEC	£166,000	£167,697	1% below HPI

5 AVON 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 5 AVON CLOSE sales between December 2003 and May 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 July 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 AVON CLOSE be worth now?

5 AVON CLOSE might now be worth an estimated £285,595.

This is based on house price inflation of 20%, between May 2019 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 5 AVON CLOSE of £238,000 on 10th May 2019. For the value to have increased from £238,000 to £285,595 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 5 AVON CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The May 2019 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 5 AVON CLOSE has not materially changed since May 2019.

How Large is 5 AVON CLOSE?

5 AVON CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowlands Gill, and where 5 AVON CLOSE lies on this distribution: 16% of detached houses houses are smaller than 5 AVON CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

5 AVON CLOSE: Plot and Title Map

5 AVON CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 5 AVON 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 5 AVON 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 5 AVON CLOSE?

5 AVON CLOSE is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 5 on AVON CLOSE.