7, LARKSPUR ROAD, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4LE - £287,500

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.

7 LARKSPUR ROAD is a small detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £341,043. It was last sold for £287,500 in June 2019, which was around 21% above the average June 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

7 LARKSPUR ROAD Sold Prices

Land registry data shows two sales for 7 LARKSPUR ROAD 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. One of the two 7 LARKSPUR ROAD sales was for above the average price, whilst the other was 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
2019 14 JUN	£287,500	£236,889	21% above HPI
2018 20 APR	£225,000	£228,908	2% below HPI

7 LARKSPUR ROAD 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 7 LARKSPUR ROAD sales from April 2018 and June 2019 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 April 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2019 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 7 LARKSPUR ROAD be worth now?

7 LARKSPUR ROAD might now be worth an estimated £341,043.

This is based on house price inflation of 18.6%, between June 2019 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 18.6% inflationary increase is applied to the most recent sale price for 7 LARKSPUR ROAD of £287,500 on 14th June 2019. For the value to have increased from £287,500 to £341,043 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 7 LARKSPUR ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2019 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 7 LARKSPUR ROAD has not materially changed since June 2019.

How Large is 7 LARKSPUR ROAD?

7 LARKSPUR ROAD is 90m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 7 LARKSPUR ROAD lies on this distribution: 23% of detached houses houses are smaller than 7 LARKSPUR ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Whickham.

7 LARKSPUR ROAD: Plot and Title Map

7 LARKSPUR ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 7 LARKSPUR ROAD, 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 LARKSPUR ROAD). 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 LARKSPUR ROAD?

7 LARKSPUR ROAD is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 7 on LARKSPUR ROAD.