62, SANDY LANE, GATESHEAD, NE9 7YB - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 SANDY LANE is a very large extended detached house of 177m², built sometime between 1991 and 1995, which could now be worth an estimated £406,376. It was last sold for £300,000 in December 2010, which was around 45% above the average December 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

62 SANDY LANE Sold Prices

Land registry data shows two sales for 62 SANDY LANE 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 SANDY 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 23 DEC	£300,000	£207,448	45% above HPI
1999 12 FEB	£95,000	£80,028	19% above HPI

62 SANDY 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 two 62 SANDY LANE sales from February 1999 and December 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 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2010 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 62 SANDY LANE be worth now?

62 SANDY LANE might now be worth an estimated £406,376.

This is based on house price inflation of 35.5%, between December 2010 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.5% inflationary increase is applied to the most recent sale price for 62 SANDY LANE of £300,000 on 23rd December 2010. For the value to have increased from £300,000 to £406,376 over the fifteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 62 SANDY LANE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The December 2010 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 62 SANDY LANE has not materially changed since December 2010.

How Large is 62 SANDY LANE?

62 SANDY LANE is 177m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 62 SANDY LANE lies on this distribution: 92% of detached houses houses are smaller than 62 SANDY LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

62 SANDY LANE: Plot and Title Map

62 SANDY LANE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 62 SANDY 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 62 SANDY 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 62 SANDY LANE?

62 SANDY LANE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 62 on SANDY LANE.