58, GRANGE LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5AJ - £470,000

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

58 GRANGE LANE is a very large extended detached house of 206m², built sometime before 1900. It was last sold for £470,000 in August 2010, which was around 129% above the average August 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

58 GRANGE LANE Sold Prices

Land registry data shows four sales for 58 GRANGE LANE 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. All of the four 58 GRANGE 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
2010 27 AUG	£470,000	£204,809	129% above HPI
2003 14 FEB	£398,500	£122,398	226% above HPI
1998 25 SEP	£165,000	£78,888	109% above HPI
1995 24 FEB	£179,000	£76,183	135% above HPI

58 GRANGE 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 four 58 GRANGE LANE sales between February 1995 and August 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 February 2003 sale was for 226% above the HPI. So the extrapolation line tracks at 226% above the HPI over time, until the August 2010 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.

How Large is 58 GRANGE LANE?

58 GRANGE LANE is 206m², which includes two extensions, according to the EPC inspection conducted in March 2010. 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 58 GRANGE LANE lies on this distribution: 92% of detached houses are smaller than 58 GRANGE LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Whickham.

58 GRANGE LANE: Plot and Title Map

58 GRANGE LANE sits on a plot of roughly 0.331 of an acre, or 1,339m². The below map shows the location of 58 GRANGE 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 58 GRANGE 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 58 GRANGE LANE?

58 GRANGE LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 58 on GRANGE LANE.