51, WESTFIELD, GATESHEAD, NE10 8NZ - £167,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

51 WESTFIELD is a small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £167,000 in December 2010, which was around 20% below the average December 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

51 WESTFIELD Sold Prices

Land registry data shows two sales for 51 WESTFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 51 WESTFIELD 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
2010 10 DEC	£167,000	£208,854	20% below HPI
1997 3 OCT	£60,000	£75,878	21% below HPI

51 WESTFIELD 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 two 51 WESTFIELD sales from October 1997 and December 2010 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 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2010 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 51 WESTFIELD?

51 WESTFIELD is 85m², which includes one extension, according to the EPC inspection conducted in February 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 51 WESTFIELD lies on this distribution: 24% of detached houses are smaller than 51 WESTFIELD, and 76% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

51 WESTFIELD: Plot and Title Map

51 WESTFIELD sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 51 WESTFIELD, 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 51 WESTFIELD). 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 51 WESTFIELD?

51 WESTFIELD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 51 on WESTFIELD.