61, VILLAGE HEIGHTS, GATESHEAD, NE8 1PW - £97,500

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

61 VILLAGE HEIGHTS is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £97,500 in August 2002, which was around 16% below the average August 2002 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.

61 VILLAGE HEIGHTS Sold Prices

Land registry data shows two sales for 61 VILLAGE HEIGHTS 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 61 VILLAGE HEIGHTS 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
2002 9 AUG	£97,500	£116,295	16% below HPI
2002 22 MAR	£79,950	£98,377	19% below HPI

61 VILLAGE HEIGHTS 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 61 VILLAGE HEIGHTS sales from March 2002 and August 2002 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 March 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2002 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 61 VILLAGE HEIGHTS?

61 VILLAGE HEIGHTS is 109m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 61 VILLAGE HEIGHTS lies on this distribution: 55% of detached houses are smaller than 61 VILLAGE HEIGHTS, and 44% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

61 VILLAGE HEIGHTS: Plot and Title Map

61 VILLAGE HEIGHTS sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 61 VILLAGE HEIGHTS, 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 61 VILLAGE HEIGHTS). 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 61 VILLAGE HEIGHTS?

61 VILLAGE HEIGHTS is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 61 on VILLAGE HEIGHTS.