7, HAWTHORN TERRACE, EIGHTON BANKS, GATESHEAD, NE9 7XY - £169,000

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.

7 HAWTHORN TERRACE is a small extended detached house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £207,675. It was last sold for £169,000 in January 2020, which was around 26% below the average January 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

7 HAWTHORN TERRACE Sold Prices

Land registry data shows three sales for 7 HAWTHORN TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 7 HAWTHORN TERRACE sales were for below 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
2020 24 JAN	£169,000	£228,675	26% below HPI
2007 12 JUL	£165,000	£223,826	26% below HPI
1998 25 SEP	£66,000	£78,357	16% below HPI

7 HAWTHORN TERRACE 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 three 7 HAWTHORN TERRACE sales between September 1998 and January 2020 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2020 sale, which was also at 26% below the HPI.

What might 7 HAWTHORN TERRACE be worth now?

7 HAWTHORN TERRACE might now be worth an estimated £207,675.

This is based on house price inflation of 22.9%, between January 2020 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 22.9% inflationary increase is applied to the most recent sale price for 7 HAWTHORN TERRACE of £169,000 on 24th January 2020. For the value to have increased from £169,000 to £207,675 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 HAWTHORN TERRACE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2020 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HAWTHORN TERRACE has not materially changed since January 2020.

How Large is 7 HAWTHORN TERRACE?

7 HAWTHORN TERRACE is 95m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% 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 7 HAWTHORN TERRACE lies on this distribution: 36% of detached houses houses are smaller than 7 HAWTHORN TERRACE, and 63% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

7 HAWTHORN TERRACE: Plot and Title Map

7 HAWTHORN TERRACE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 7 HAWTHORN TERRACE, 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 HAWTHORN TERRACE). 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 HAWTHORN TERRACE?

7 HAWTHORN TERRACE is located in EIGHTON BANKS, in the NE9 postcode district. The below map shows the position of No. 7 on HAWTHORN TERRACE.