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 YOUNGHALL CLOSE is a midsized detached house of 128m², built sometime between 1996 and 2002. It was last sold for £203,500 in April 2007, which was around 5% below the average April 2007 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 YOUNGHALL CLOSE since 1st 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 YOUNGHALL CLOSE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2007 19 APR | £203,500 | £214,785 | 5% below HPI |
2001 14 DEC | £125,000 | £100,228 | 25% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 7 YOUNGHALL CLOSE sales from December 2001 and April 2007 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 December 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2007 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
7 YOUNGHALL CLOSE is 128m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses by size in Greenside, and where 7 YOUNGHALL CLOSE lies on this distribution: 45% of detached houses are smaller than 7 YOUNGHALL CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Greenside.
7 YOUNGHALL CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 7 YOUNGHALL CLOSE, 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 YOUNGHALL CLOSE). 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.
7 YOUNGHALL CLOSE is located in GREENSIDE, in the NE40 postcode district. The below map shows the position of No. 7 on YOUNGHALL CLOSE.