54, MEADOW RISE, GATESHEAD, NE9 6GE - £210,000

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

54 MEADOW RISE is a small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £210,000 in October 2017, which was around 9% below the average October 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

54 MEADOW RISE Sold Prices

Land registry data shows four sales for 54 MEADOW RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Most of the four 54 MEADOW RISE 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
2017 2 OCT	£210,000	£231,142	9% below HPI
2007 1 OCT	£210,000	£228,710	8% below HPI
2006 15 SEP	£187,000	£216,117	13% below HPI
2001 4 MAY	£100,950	£93,598	8% above HPI

54 MEADOW RISE 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 four 54 MEADOW RISE sales between May 2001 and October 2017 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 54 MEADOW RISE?

54 MEADOW RISE is 98m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 54 MEADOW RISE lies on this distribution: 40% of detached houses are smaller than 54 MEADOW RISE, and 58% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

54 MEADOW RISE: Plot and Title Map

54 MEADOW RISE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 54 MEADOW 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 54 MEADOW 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.

Where is 54 MEADOW RISE?

54 MEADOW RISE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 54 on MEADOW RISE.