5, HAZEL ROAD, GATESHEAD, NE8 2EP - £145,000

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 HAZEL ROAD is a very small semi-detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £146,811. It was last sold for £145,000 in September 2023, which was around 15% below the average September 2023 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

5 HAZEL ROAD Sold Prices

Land registry data shows five sales for 5 HAZEL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the five 5 HAZEL ROAD 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
2023 29 SEP	£145,000	£170,453	15% below HPI
2016 21 OCT	£109,000	£134,277	19% below HPI
2008 19 SEP	£92,000	£134,377	32% below HPI
2008 16 MAY	£130,000	£136,104	4% below HPI
2002 16 AUG	£59,995	£65,184	8% below HPI

5 HAZEL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The five 5 HAZEL ROAD sales between August 2002 and September 2023 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 HAZEL ROAD be worth now?

5 HAZEL ROAD might now be worth an estimated £146,811.

This is based on house price inflation of 1.2%, between September 2023 and February 2025, for semi-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 1.2% inflationary increase is applied to the most recent sale price for 5 HAZEL ROAD of £145,000 on 29th September 2023. For the value to have increased from £145,000 to £146,811 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 HAZEL ROAD has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The September 2023 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HAZEL ROAD has not materially changed since September 2023.

How Large is 5 HAZEL ROAD?

5 HAZEL ROAD is 62m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 5 HAZEL ROAD lies on this distribution: 4% of semi-detached houses houses are smaller than 5 HAZEL ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

5 HAZEL ROAD: Plot and Title Map

5 HAZEL ROAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 5 HAZEL ROAD, 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 HAZEL ROAD). 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 HAZEL ROAD?

5 HAZEL ROAD is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 5 on HAZEL ROAD.