6, WESTFIELD, GATESHEAD, NE10 8NF - £225,000

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

6 WESTFIELD is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £225,000 in August 2022, which was around 18% below the average August 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

6 WESTFIELD Sold Prices

Land registry data shows two sales for 6 WESTFIELD 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 6 WESTFIELD 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
2022 5 AUG	£225,000	£274,102	18% below HPI
2012 13 APR	£185,000	£197,991	7% below HPI

6 WESTFIELD 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 6 WESTFIELD sales from April 2012 and August 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 April 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 6 WESTFIELD?

6 WESTFIELD is 97m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 6 WESTFIELD lies on this distribution: 39% of detached houses are smaller than 6 WESTFIELD, and 60% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

6 WESTFIELD: Plot and Title Map

6 WESTFIELD sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 6 WESTFIELD, 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 6 WESTFIELD). 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 6 WESTFIELD?

6 WESTFIELD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 6 on WESTFIELD.