62, FOLLINGSBY DRIVE, GATESHEAD, NE10 8YH - £247,000

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

62 FOLLINGSBY DRIVE is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £247,000 in November 2018, which was around 3% above the average November 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

62 FOLLINGSBY DRIVE Sold Prices

Land registry data shows two sales for 62 FOLLINGSBY DRIVE 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 62 FOLLINGSBY DRIVE 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
2018 30 NOV	£247,000	£240,606	3% above HPI
1996 6 DEC	£81,000	£71,499	13% above HPI

62 FOLLINGSBY DRIVE 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 62 FOLLINGSBY DRIVE sales from December 1996 and November 2018 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 December 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 62 FOLLINGSBY DRIVE?

62 FOLLINGSBY DRIVE is 91m² according to the EPC inspection conducted in September 2018. 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 62 FOLLINGSBY DRIVE lies on this distribution: 32% of detached houses are smaller than 62 FOLLINGSBY DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

62 FOLLINGSBY DRIVE: Plot and Title Map

62 FOLLINGSBY DRIVE sits on a plot of roughly 0.147 of an acre, or 597m². The below map shows the location of 62 FOLLINGSBY DRIVE, 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 62 FOLLINGSBY DRIVE). 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 62 FOLLINGSBY DRIVE?

62 FOLLINGSBY DRIVE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 62 on FOLLINGSBY DRIVE.