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 PARKDALE RISE is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £227,000 in December 2012, which was around 13% above the average December 2012 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 PARKDALE RISE since 1st 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. Two of the three 5 PARKDALE RISE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2012 14 DEC | £227,000 | £200,728 | 13% above HPI |
2008 28 FEB | £265,000 | £228,922 | 16% above HPI |
1998 11 SEP | £75,000 | £78,888 | 5% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 5 PARKDALE RISE sales between September 1998 and December 2012 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 February 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2012 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.
5 PARKDALE RISE is 104m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 5 PARKDALE RISE lies on this distribution: 37% of detached houses are smaller than 5 PARKDALE RISE, and 62% of houses are larger. Note that EPC data is not available for all properties in Whickham.
5 PARKDALE RISE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 5 PARKDALE RISE, 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 PARKDALE RISE). 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.
5 PARKDALE RISE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 5 on PARKDALE RISE.