7, FOUNTAINS CLOSE, GATESHEAD, NE11 9PX - £290,000

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

7 FOUNTAINS CLOSE is a midsized detached house of 107m², built sometime between 1991 and 1995. It was last sold for £290,000 in March 2021, which was around 17% above the average March 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

7 FOUNTAINS CLOSE Sold Prices

Land registry data shows four sales for 7 FOUNTAINS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 7 FOUNTAINS 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
2021 31 MAR	£290,000	£248,445	17% above HPI
2013 5 JUL	£220,000	£202,439	9% above HPI
2001 22 JUN	£120,000	£94,253	27% above HPI
1996 5 JAN	£90,000	£70,128	28% above HPI

7 FOUNTAINS CLOSE 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 four 7 FOUNTAINS CLOSE sales between January 1996 and March 2021 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 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 7 FOUNTAINS CLOSE?

7 FOUNTAINS CLOSE is 107m² according to the EPC inspection conducted in August 2011. 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 7 FOUNTAINS CLOSE lies on this distribution: 52% of detached houses are smaller than 7 FOUNTAINS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

7 FOUNTAINS CLOSE: Plot and Title Map

7 FOUNTAINS CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 7 FOUNTAINS 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 7 FOUNTAINS 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 7 FOUNTAINS CLOSE?

7 FOUNTAINS CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 7 on FOUNTAINS CLOSE.