7, GIBSIDE COURT, GATESHEAD, NE11 9PT - £385,000

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 GIBSIDE COURT is a very large extended detached house of 169m², built sometime between 1991 and 1995. It was last sold for £385,000 in June 2023, which was around 37% above the average June 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

7 GIBSIDE COURT Sold Prices

Land registry data shows five sales for 7 GIBSIDE COURT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the five 7 GIBSIDE COURT 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
2023 27 JUN	£385,000	£281,776	37% above HPI
2014 7 AUG	£260,000	£216,768	20% above HPI
2006 19 MAY	£249,950	£203,962	23% above HPI
2003 24 FEB	£186,000	£122,398	52% above HPI
1997 26 SEP	£104,000	£78,254	33% above HPI

7 GIBSIDE COURT 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 five 7 GIBSIDE COURT sales between September 1997 and June 2023 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 August 2014 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2023 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 7 GIBSIDE COURT?

7 GIBSIDE COURT is 169m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% 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 GIBSIDE COURT lies on this distribution: 90% of detached houses are smaller than 7 GIBSIDE COURT, and 10% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

7 GIBSIDE COURT: Plot and Title Map

7 GIBSIDE COURT sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 7 GIBSIDE COURT, 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 GIBSIDE COURT). 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 GIBSIDE COURT?

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