7, MEADOWBROOK DRIVE, GATESHEAD, NE10 8HF - £218,000

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 MEADOWBROOK DRIVE is a large extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £218,000 in March 2016, which was around 1% above the average March 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

7 MEADOWBROOK DRIVE Sold Prices

Land registry data shows two sales for 7 MEADOWBROOK DRIVE 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. Both of the two 7 MEADOWBROOK DRIVE 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
2016 31 MAR	£218,000	£215,607	1% above HPI
2001 14 JUN	£99,180	£94,253	5% above HPI

7 MEADOWBROOK DRIVE 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 MEADOWBROOK DRIVE sales from June 2001 and March 2016 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 June 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 MEADOWBROOK DRIVE?

7 MEADOWBROOK DRIVE is 121m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% 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 MEADOWBROOK DRIVE lies on this distribution: 70% of detached houses are smaller than 7 MEADOWBROOK DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

7 MEADOWBROOK DRIVE: Plot and Title Map

7 MEADOWBROOK DRIVE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 7 MEADOWBROOK DRIVE, 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 MEADOWBROOK DRIVE). 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 MEADOWBROOK DRIVE?

7 MEADOWBROOK DRIVE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 7 on MEADOWBROOK DRIVE.