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
53 WESTFIELD is a large extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £190,000 in May 2006, which was around 7% below the average May 2006 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 53 WESTFIELD since 1st 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. One of the two 53 WESTFIELD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2006 26 MAY | £190,000 | £203,962 | 7% below HPI |
1997 22 SEP | £79,000 | £78,254 | 1% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 53 WESTFIELD sales from September 1997 and May 2006 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 September 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2006 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
53 WESTFIELD is 124m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 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 53 WESTFIELD lies on this distribution: 72% of detached houses are smaller than 53 WESTFIELD, and 28% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
53 WESTFIELD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 53 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 53 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.
53 WESTFIELD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 53 on WESTFIELD.