8, LAVENDER ROAD, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4LR - £245,000

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

8 LAVENDER ROAD is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £245,000 in January 2013, which was around 21% above the average January 2013 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

8 LAVENDER ROAD Sold Prices

Land registry data shows two sales for 8 LAVENDER ROAD 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. One of the two 8 LAVENDER ROAD sales was for above the average price, whilst the other was 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
2013 11 JAN	£245,000	£203,214	21% above HPI
2009 9 OCT	£182,000	£203,458	11% below HPI

8 LAVENDER ROAD 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 8 LAVENDER ROAD sales from October 2009 and January 2013 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 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2013 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 8 LAVENDER ROAD?

8 LAVENDER ROAD is 76m², which includes one extension, according to the EPC inspection conducted in May 2010. 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 8 LAVENDER ROAD lies on this distribution: 10% of detached houses are smaller than 8 LAVENDER ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Whickham.

8 LAVENDER ROAD: Plot and Title Map

8 LAVENDER ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 8 LAVENDER ROAD, 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 LAVENDER ROAD). 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 LAVENDER ROAD?

8 LAVENDER ROAD is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 8 on LAVENDER ROAD.