7, ROWLAND BURN WAY, ROWLANDS GILL, NE39 2PU - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 ROWLAND BURN WAY is a large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £420,000 in January 2009, which was around 109% above the average January 2009 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

7 ROWLAND BURN WAY Sold Prices

Land registry data shows two sales for 7 ROWLAND BURN WAY 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 ROWLAND BURN WAY 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
2009 23 JAN	£420,000	£201,138	109% above HPI
2001 27 JUL	£206,000	£97,223	112% above HPI

7 ROWLAND BURN WAY 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 ROWLAND BURN WAY sales from July 2001 and January 2009 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 2001 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the January 2009 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is 7 ROWLAND BURN WAY?

7 ROWLAND BURN WAY is 160m² according to the EPC inspection conducted in November 2008. This puts it in the largest 40% of detached houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses by size in Rowlands Gill, and where 7 ROWLAND BURN WAY lies on this distribution: 68% of detached houses are smaller than 7 ROWLAND BURN WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

7 ROWLAND BURN WAY: Plot and Title Map

7 ROWLAND BURN WAY sits on a plot of roughly 0.425 of an acre, or 1,720m². The below map shows the location of 7 ROWLAND BURN WAY, 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 ROWLAND BURN WAY). 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 ROWLAND BURN WAY?

7 ROWLAND BURN WAY is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 7 on ROWLAND BURN WAY.