68, REDGRAVE CLOSE, GATESHEAD, NE8 3JE - £172,500

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.

68 REDGRAVE CLOSE is a midsized extended semi-detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £231,369. It was last sold for £172,500 in December 2015, which was around 32% above the average December 2015 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

68 REDGRAVE CLOSE Sold Prices

Land registry data shows three sales for 68 REDGRAVE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the three 68 REDGRAVE CLOSE 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
2015 9 DEC	£172,500	£130,875	32% above HPI
2006 21 JUL	£184,000	£132,947	38% above HPI
2002 28 JUN	£97,950	£62,319	57% above HPI

68 REDGRAVE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 68 REDGRAVE CLOSE sales between June 2002 and December 2015 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 July 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 68 REDGRAVE CLOSE be worth now?

68 REDGRAVE CLOSE might now be worth an estimated £231,369.

This is based on house price inflation of 34.1%, between December 2015 and March 2025, for semi-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 34.1% inflationary increase is applied to the most recent sale price for 68 REDGRAVE CLOSE of £172,500 on 9th December 2015. For the value to have increased from £172,500 to £231,369 over the ten years and nine months to March 2025, the following assumptions must hold true:

• The value of 68 REDGRAVE CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The December 2015 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 68 REDGRAVE CLOSE has not materially changed since December 2015.

How Large is 68 REDGRAVE CLOSE?

68 REDGRAVE CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 68 REDGRAVE CLOSE lies on this distribution: 60% of semi-detached houses houses are smaller than 68 REDGRAVE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

68 REDGRAVE CLOSE: Plot and Title Map

68 REDGRAVE CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 68 REDGRAVE CLOSE, 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 68 REDGRAVE CLOSE). 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 68 REDGRAVE CLOSE?

68 REDGRAVE CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 68 on REDGRAVE CLOSE.