5, BOWES CLOSE, NEWCASTLE UPON TYNE, NE16 5QF - £322,500

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

5 BOWES CLOSE is a very large detached house of 149m², built sometime between 1983 and 1990. It was last sold for £322,500 in September 2020, which was around 31% above the average September 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

5 BOWES CLOSE Sold Prices

Land registry data shows four sales for 5 BOWES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 5 BOWES CLOSE 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
2020 30 SEP	£322,500	£245,882	31% above HPI
2012 2 NOV	£250,000	£201,664	24% above HPI
2007 19 JAN	£290,000	£216,539	34% above HPI
1998 5 JUN	£104,000	£78,040	33% above HPI

5 BOWES 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 four 5 BOWES CLOSE sales between June 1998 and September 2020 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 November 2012 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2020 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 5 BOWES CLOSE?

5 BOWES CLOSE is 149m² according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Sunniside, based on EPC data. The below chart shows the distribution of detached houses by size in Sunniside, and where 5 BOWES CLOSE lies on this distribution: 89% of detached houses are smaller than 5 BOWES CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Sunniside.

5 BOWES CLOSE: Plot and Title Map

5 BOWES CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 5 BOWES 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 BOWES 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 BOWES CLOSE?

5 BOWES CLOSE is located in NEWCASTLE UPON TYNE, in the NE16 postcode district. The below map shows the position of No. 5 on BOWES CLOSE.