78, MEADOW RISE, GATESHEAD, NE9 6GE - £181,750

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

78 MEADOW RISE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £181,750 in January 2016, which was around 18% below the average January 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

78 MEADOW RISE Sold Prices

Land registry data shows four sales for 78 MEADOW RISE 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 78 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 29 JAN	£181,750	£220,729	18% below HPI
2006 2 JUN	£184,950	£209,073	12% below HPI
2003 3 DEC	£150,000	£168,834	11% below HPI
2002 27 SEP	£99,950	£117,723	15% below HPI

78 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 four 78 MEADOW RISE sales between September 2002 and January 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 June 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 78 MEADOW RISE?

78 MEADOW RISE is 77m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 78 MEADOW RISE lies on this distribution: 12% of detached houses are smaller than 78 MEADOW RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

78 MEADOW RISE: Plot and Title Map

78 MEADOW RISE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 78 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 78 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 78 MEADOW RISE?

78 MEADOW RISE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 78 on MEADOW RISE.