58, PALATINE PLACE, GATESHEAD, NE11 9SR - £162,000

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 PALATINE PLACE is a large semi-detached house of 124m², built sometime between 2003 and 2006. It was last sold for £162,000 in January 2014, which was around 21% below the average January 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

58 PALATINE PLACE Sold Prices

Land registry data shows two sales for 58 PALATINE PLACE 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 58 PALATINE PLACE 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
2014 24 JAN	£162,000	£204,226	21% below HPI
2006 25 AUG	£184,950	£214,553	14% below HPI

58 PALATINE PLACE 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 58 PALATINE PLACE sales from August 2006 and January 2014 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 August 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 58 PALATINE PLACE?

58 PALATINE PLACE is 124m² according to the EPC inspection conducted in May 2012. 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 58 PALATINE PLACE lies on this distribution: 72% of detached houses are smaller than 58 PALATINE PLACE, and 28% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

58 PALATINE PLACE: Plot and Title Map

58 PALATINE PLACE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 58 PALATINE PLACE, 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 PALATINE PLACE). 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 PALATINE PLACE?

58 PALATINE PLACE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 58 on PALATINE PLACE.