54, WHAGGS LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4PQ - £895,000

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

54 WHAGGS LANE is a very large extended detached house of 248m², built sometime between 1900 and 1929. It was last sold for £895,000 in March 2021, which was around 260% above the average March 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

54 WHAGGS LANE Sold Prices

Land registry data shows two sales for 54 WHAGGS LANE 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 54 WHAGGS LANE sales were 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
2021 19 MAR	£895,000	£248,445	260% above HPI
2011 28 NOV	£340,000	£200,758	69% above HPI

54 WHAGGS LANE 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 54 WHAGGS LANE sales from November 2011 and March 2021 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 November 2011 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the March 2021 sale, where it rises to 260% above the HPI. The line then continues to track at 260% above the HPI.

How Large is 54 WHAGGS LANE?

54 WHAGGS LANE is 248m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 54 WHAGGS LANE lies on this distribution: 95% of detached houses are smaller than 54 WHAGGS LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Whickham.

54 WHAGGS LANE: Plot and Title Map

54 WHAGGS LANE sits on a plot of roughly 0.374 of an acre, or 1,514m². The below map shows the location of 54 WHAGGS LANE, 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 WHAGGS LANE). 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 WHAGGS LANE?

54 WHAGGS LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 54 on WHAGGS LANE.