5, HEATHFIELD PLACE, LOW FELL, GATESHEAD, NE9 5AS - £597,500

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 HEATHFIELD PLACE is a very large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £597,500 in May 2020, which was around 163% above the average May 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

5 HEATHFIELD PLACE Sold Prices

Land registry data shows three sales for 5 HEATHFIELD PLACE 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. All of the three 5 HEATHFIELD PLACE 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 22 MAY	£597,500	£227,176	163% above HPI
2011 28 APR	£542,000	£201,999	168% above HPI
2001 27 JUL	£250,000	£97,223	157% above HPI

5 HEATHFIELD PLACE 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 HEATHFIELD PLACE sales between July 2001 and May 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 April 2011 sale was for 168% above the HPI. So the extrapolation line tracks at 168% above the HPI over time, until the May 2020 sale, where it falls to 163% above the HPI. The line then continues to track at 163% above the HPI.

How Large is 5 HEATHFIELD PLACE?

5 HEATHFIELD PLACE is 142m² according to the EPC inspection conducted in January 2011. This puts it in the largest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 5 HEATHFIELD PLACE lies on this distribution: 82% of detached houses are smaller than 5 HEATHFIELD PLACE, and 18% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

5 HEATHFIELD PLACE: Plot and Title Map

5 HEATHFIELD PLACE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 5 HEATHFIELD PLACE, 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 HEATHFIELD PLACE). 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 HEATHFIELD PLACE?

5 HEATHFIELD PLACE is located in LOW FELL, in the NE9 postcode district. The below map shows the position of No. 5 on HEATHFIELD PLACE.