5, PARKLANDS WAY, WARDLEY, GATESHEAD, NE10 8GA - £150,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 PARKLANDS WAY is a small semi-detached house of 83m², built sometime between 1996 and 2002. It was last sold for £150,000 in June 2011, which was around 25% below the average June 2011 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

5 PARKLANDS WAY Sold Prices

Land registry data shows three sales for 5 PARKLANDS WAY 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 PARKLANDS WAY 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
2011 3 JUN	£150,000	£200,472	25% below HPI
2005 7 JAN	£166,000	£189,736	13% below HPI
1998 30 OCT	£63,500	£79,920	21% below HPI

5 PARKLANDS WAY 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 PARKLANDS WAY sales between October 1998 and June 2011 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 January 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 PARKLANDS WAY?

5 PARKLANDS WAY is 83m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% 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 PARKLANDS WAY lies on this distribution: 20% of detached houses are smaller than 5 PARKLANDS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

5 PARKLANDS WAY: Plot and Title Map

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

5 PARKLANDS WAY is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 5 on PARKLANDS WAY.