8, BRACKEN DRIVE, GATESHEAD, NE11 9QP - £349,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 BRACKEN DRIVE is a large extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £349,950 in September 2021, which was around 37% above the average September 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

8 BRACKEN DRIVE Sold Prices

Land registry data shows four sales for 8 BRACKEN DRIVE 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. two of the four 8 BRACKEN DRIVE sales were for above the average price, and four 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
2021 7 SEP	£349,950	£256,172	37% above HPI
2014 31 OCT	£235,000	£215,630	9% above HPI
2001 26 JAN	£75,000	£90,543	17% below HPI
2000 9 JUN	£65,000	£84,679	23% below HPI

8 BRACKEN DRIVE 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 8 BRACKEN DRIVE sales between June 2000 and September 2021 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 October 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 8 BRACKEN DRIVE?

8 BRACKEN DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 8 BRACKEN DRIVE lies on this distribution: 68% of detached houses are smaller than 8 BRACKEN DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

8 BRACKEN DRIVE: Plot and Title Map

8 BRACKEN DRIVE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 8 BRACKEN DRIVE, 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 8 BRACKEN DRIVE). 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 8 BRACKEN DRIVE?

8 BRACKEN DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 8 on BRACKEN DRIVE.