75, GRANGE LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5AH - £179,000

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

75 GRANGE LANE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £179,000 in January 2020, which was around 22% below the average January 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

75 GRANGE LANE Sold Prices

Land registry data shows two sales for 75 GRANGE LANE 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 75 GRANGE LANE 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
2020 28 JAN	£179,000	£230,225	22% below HPI
2007 18 DEC	£195,000	£236,191	17% below HPI

75 GRANGE LANE 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 75 GRANGE LANE sales from December 2007 and January 2020 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 75 GRANGE LANE?

75 GRANGE LANE is 56m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 75 GRANGE LANE lies on this distribution: 1% of detached houses are smaller than 75 GRANGE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Whickham.

75 GRANGE LANE: Plot and Title Map

75 GRANGE LANE sits on a plot of roughly 1.3 acres, or 5,349m². The below map shows the location of 75 GRANGE LANE, 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 75 GRANGE LANE). 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 75 GRANGE LANE?

75 GRANGE LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 75 on GRANGE LANE.