72, MEADOW RISE, GATESHEAD, NE9 6GE - £164,950

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

72 MEADOW RISE is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £164,950 in December 2016, which was around 27% below the average December 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

72 MEADOW RISE Sold Prices

Land registry data shows three sales for 72 MEADOW RISE 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 72 MEADOW RISE 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
2016 22 DEC	£164,950	£224,547	27% below HPI
2005 28 FEB	£180,000	£193,044	7% below HPI
2002 25 OCT	£104,950	£117,864	11% below HPI

72 MEADOW RISE 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 72 MEADOW RISE sales between October 2002 and December 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 February 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 72 MEADOW RISE?

72 MEADOW RISE is 83m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 72 MEADOW RISE lies on this distribution: 20% of detached houses are smaller than 72 MEADOW RISE, and 79% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

72 MEADOW RISE: Plot and Title Map

72 MEADOW RISE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 72 MEADOW RISE, 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 72 MEADOW RISE). 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 72 MEADOW RISE?

72 MEADOW RISE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 72 on MEADOW RISE.