55, DOBSON CLOSE, HIGH SPEN, ROWLANDS GILL, NE39 2BF - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 DOBSON CLOSE is a very small extended detached house of 90m², built sometime between 2007 and 2011, which could now be worth an estimated £217,527. It was last sold for £210,000 in July 2022, which was around 23% below the average July 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

55 DOBSON CLOSE Sold Prices

Land registry data shows two sales for 55 DOBSON CLOSE 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. One of the two 55 DOBSON CLOSE 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
2022 13 JUL	£210,000	£271,283	23% below HPI
2011 7 JUN	£204,995	£199,123	3% above HPI

55 DOBSON CLOSE 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 55 DOBSON CLOSE sales from June 2011 and July 2022 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 June 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 55 DOBSON CLOSE be worth now?

55 DOBSON CLOSE might now be worth an estimated £217,527.

This is based on house price inflation of 3.6%, between July 2022 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.6% inflationary increase is applied to the most recent sale price for 55 DOBSON CLOSE of £210,000 on 13th July 2022. For the value to have increased from £210,000 to £217,527 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 55 DOBSON CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The July 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 55 DOBSON CLOSE has not materially changed since July 2022.

How Large is 55 DOBSON CLOSE?

55 DOBSON CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses houses in High Spen, based on EPC data. The below chart shows the distribution of detached houses houses by size in High Spen, and where 55 DOBSON CLOSE lies on this distribution: 19% of detached houses houses are smaller than 55 DOBSON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in High Spen.

55 DOBSON CLOSE: Plot and Title Map

55 DOBSON CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 55 DOBSON CLOSE, 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 55 DOBSON CLOSE). 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 55 DOBSON CLOSE?

55 DOBSON CLOSE is located in HIGH SPEN, in the NE39 postcode district. The below map shows the position of No. 55 on DOBSON CLOSE.