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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 LAVENDER ROAD is a very small extended detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £341,082. 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	£201,847	21% above HPI
2009 9 OCT	£182,000	£202,088	10% 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 10% below the HPI. So the extrapolation line tracks at 10% 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.

What might 8 LAVENDER ROAD be worth now?

8 LAVENDER ROAD might now be worth an estimated £341,082.

This is based on house price inflation of 39.2%, between January 2013 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.2% inflationary increase is applied to the most recent sale price for 8 LAVENDER ROAD of £245,000 on 11th January 2013. For the value to have increased from £245,000 to £341,082 over the eleven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 LAVENDER ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2013 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAVENDER ROAD has not materially changed since January 2013.

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 houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 8 LAVENDER ROAD lies on this distribution: 10% of detached houses 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.