74, SLALEY CLOSE, GATESHEAD, NE10 8TW - £247,500

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

74 SLALEY CLOSE is a large extended detached house of 134m², built sometime between 1976 and 1982. It was last sold for £247,500 in November 2015, which was around 14% above the average November 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

74 SLALEY CLOSE Sold Prices

Land registry data shows four sales for 74 SLALEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 74 SLALEY CLOSE 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
2015 27 NOV	£247,500	£217,735	14% above HPI
2005 25 NOV	£218,000	£203,001	7% above HPI
2002 30 APR	£116,950	£102,585	14% above HPI
2000 31 MAR	£93,000	£83,872	11% above HPI

74 SLALEY CLOSE 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 four 74 SLALEY CLOSE sales between March 2000 and November 2015 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 November 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 74 SLALEY CLOSE?

74 SLALEY CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in September 2012. 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 74 SLALEY CLOSE lies on this distribution: 79% of detached houses are smaller than 74 SLALEY CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

74 SLALEY CLOSE: Plot and Title Map

74 SLALEY CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 74 SLALEY 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 74 SLALEY 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.

Where is 74 SLALEY CLOSE?

74 SLALEY CLOSE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 74 on SLALEY CLOSE.